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 Carl Harald Janson: why biotech is on a 20-year bull run

Carl Harald Janson: why biotech is on a 20-year bull run

The manager of the International Biotechnology Trust explains why his confident about the sector's long term prospects.

Brewin's Gutteridge: the opportunities in UK challenger banks

Brewin's Gutteridge: the opportunities in UK challenger banks

In this week's podcast, Brewin Dolphin's Ben Gutteridge and Guy Foster, discuss opportunities in the global financials sector with Aptus' Johnny De La Hey.

Play How BlackRock Income Strategies is positioning for a crash

How BlackRock Income Strategies is positioning for a crash

Adam Ryan keeps his powder dry as he positions the BlackRock Income Strategies investment trust for a market correction. 

Your Business: Cover Star Club

Profile: how Close Brothers gave power back to the regions

Profile: how Close Brothers gave power back to the regions

Almost a year into the role, Close Brothers Asset Management head of wealth management Andy Cumming has highlighted three keys areas of focus

Wealth Manager on Twitter