To continue using this website, please tell us a little about yourself:
I am a financial adviser
I am a discretionary fund manager / multimanager
I am a financial paraplanner
I work in financial services
I am a private investor
What would you like us to do with the funds you've selected
Ratings body OBSR is set to meet with the Baillie Gifford High Yield Bond fund team, after manager Ben Thompson announced he is leaving the industry.
By Lora Coventry, Analyst, Financial Express Thursday May 20, 2010
OBSR will not take any immediate action on the fund's AA rating, it says, as investment managers within the fixed income team, Rob Baltzer and Donald Philips, are set to take over at the Baillie Gifford High Yield Bond fund after Ben Thompson's departure in June.
Performance of fund vs sector over 1-yr
Source: Financial Express Analytics
"The fixed income team at Baillie Gifford works with a strong team ethic and therefore this management change does not represent a change in investment approach. However, OBSR will meet with Baillie Gifford shortly and will reflect any change in its view thereafter," the body says.
Follow FE Trustnet
Trustnet mobile website
13:00 | Monday, January 20, 2014
Authorised and Regulated by the Financial Conduct Authority
© Trustnet Limited 2015. All Rights Reserved.
Data supplied in conjunction with Thomson Financial Limited, London Stock Exchange
Plc, StructuredRetailProducts.com and ManorPark.com