Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Baillie Gifford CIO Smith gets Monks co-manager

Baillie Gifford CIO Smith gets Monks co-manager

Tom Walsh has been named deputy manager of Monks investment trust.

Walsh will assist Baillie Gifford chief investment officer Gerald Smith in running the £957 million portfolio.

He has worked at the Edinburgh-based asset manager since 2009, serving as as an investment manager in the UK equity team. Walsh has also held roles at Deloitte & Touche, Merrill Lynch and Fidelity International.

James Budden, director of marketing and distribution at Baillie Gifford & Co, said: ‘Tom will help Gerald Smith, the Monks manager, with the appraisal and selection of investments and assist with the important task of shareholder communication. 

‘RDR [the retail distribution review] is now in place and Baillie Gifford is committed to raising awareness of its investment trusts amongst intermediaries.’

Over three years, the trust's share price has risen 22.8%, while the net asset value has gained 19.6%, according to Citywire data.  Over the same stretch the FTSE World Index has climbed by 34.7%.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Navigating geopolitical risk with ETFs

Navigating geopolitical risk with ETFs

ETFGI’s Deborah Fuhr on how investors can use exchange-traded funds to position their portfolio.

Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Your Business: Cover Star Club

Profile: Barclays' former advisory boss on his move into property

Profile: Barclays' former advisory boss on his move into property

On paper, Rick Denton might have been expected to finish his career in banking

Wealth Manager on Twitter