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You are here: Manager factsheet

Steven Hay

Baillie Gifford
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FE Trustnet verdict
Overall, performing about the same as the peer group composite. However, over a long track record, the manager has, period by period, over- and under-performed roughly equally. Poor stockpicking has had a material downward effect on results, which have not been particularly exposed to falling markets.
Manager profile
Steven graduated BAcc in Economics and Accountancy from the University of Glasgow in 1992 and completed an MSc in Economics from Warwick University in 1993. Prior to Baillie Gifford, Steven was a fixed income investment manager with Scottish Widows. His considerable experience includes seven years undertaking analysis and research for the Bank of England’s Monetary Policy Committee, and involvement in managing the UK’s foreign exchange reserves. Steven joined Baillie Gifford in 2004 and is Head of the Rates and Currencies Team.
Total return for Steven Hay
 
Rolling Alpha Quartile: Discrete three year periods
Rolling Alpha Quartile shows a manager's alpha score in quartile terms, plotting his or her risk adjusted performance against all other managers in the UT & OEICs universe. The best managers are those who are consistently ranked in the first or second quartile.
 
Quartile 1
Quartile 2
Quartile 3
Quartile 4
 
 
 
 
 
0-36m
 
 
 
 
 
 
 
 
 
12-48m
 
 
 
 
 
 
 
 
 
24-60m
 
 
 
 
 
 
 
 
 
36-72m
 
 
 
 
 
 
 
 
 
48-84m
 
 
 
 
 
 
 
 
 
Discrete calendar year performance : Steven Hay

Manager career performance
Discrete performance
  0-12m 12-24m 24-36m 36-48m 48-60m 60-72m 72-84m 84-96m 96-108m 108-120m
Steven Hay 4.2 2.0 6.2 10.4 3.8 11.4 3.0 -3.5 4.6 8.7
Peer Group Composite 4.3 2.1 5.6 8.3 4.7 10.3 5.3 -0.4 3.8 6.4
Over / Under -0.1 -0.1 0.6 2.1 -0.9 1.1 -2.3 -3.1 0.8 2.3
Performance vs peer group composite: Steven Hay
How a manager matches up against his peers gives you some idea of how talented he is. Very few managers perform equally well in rising and falling markets, so knowing which type of market a manager is capable of performing well within is also important.
 
Overall markets
Up
Outperformed peer group composite
5 years
out of a possible 10
 
Overall markets
Up
Underperformed peer group composite
5 years
out of a possible 10
 
Rising markets
UpDown
Outperformed peer group composite
5 years
out of a possible 9
 
Falling markets
UpDown
Outperformed peer group composite
0 years
out of a possible 1
Funds currently managed
Fund Sole/Co-managed Sector Periods
Baillie Gifford Active Long Gilt Plus Lead manager UT UK Gilts since Jun 01 2004 to present
Baillie Gifford Active Index-Linked Gilt Plus Lead manager UT UK Index - Linked Gilts since Feb 01 2009 to present
Baillie Gifford Active Gilt Plus Lead manager UT Unclassified since Dec 31 2010 to present
Baillie Gifford Cash Lead manager UT Short Term Money Market since Jul 01 2011 to present
Baillie Gifford Emerging Markets Bond Co-managed UT Global Emerging Market Bond since Jul 01 2011 to present
Baillie Gifford Managed Co-managed UT Mixed Investment 40%-85% Shares since Nov 01 2012 to present
Funds managed previously
Fund Periods
Baillie Gifford Active Index-Linked Gilt Plus since Nov 09 2005 to Mar 31 2008
Baillie Gifford Active Long Gilt since Dec 03 2010 to fund close