Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

James Anderson to take six-month sabbatical from Scottish Mortgage

James Anderson to take six-month sabbatical from Scottish Mortgage

James Anderson, manager of £2.2 billion Scottish Mortgage, is taking a back seat from the fund for six months.

Anderson has steered Scottish Mortgage towards the top of the global growth sector over his decade in charge, notching up a 439.2% gain in share price terms while beating both Lord Rothschild’s RIT Capital Partners and John Pennink’s British Empire.

Anderson, a well-known figure in the investment world, is taking a six-month sabbatical to write a book on growth investing. During his time away, Tom Slater, deputy manager on the trust, will take over his responsibilities.

Baillie Gifford said: ‘We can confirm that James Anderson, manager of Scottish Mortgage, will be taking a six month sabbatical from July. During the sabbatical, Tom Slater, deputy manager, will take charge of the trust.

‘James will return to his previous roles at Baillie Gifford on his return.’

Slater is by no means a newcomer to the trust, and has played a key role in the team since coming on board in August 2009.

Over the last three years, the trust is up 76.4% in share price terms, with performance in part being driven by its exposure to internet related stocks, including Google and Amazon.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
CIO Tapes 2: two warnings and a lot of optimism

CIO Tapes 2: two warnings and a lot of optimism

Our group of leading asset management CIOs see a lot of opportunities – and overseas investors are buying UK too

Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Read More
Your Business: Cover Star Club

Profile: Thomas Miller explains its post-restructure plans

Profile: Thomas Miller explains its post-restructure plans

Thomas Miller Investment’s (TMI) head of wealth Matt Phillips has strong opinions about many things

Wealth Manager on Twitter
Managing risk, unearthing returns
  • A-rated Beagles sells down Brewin Dolphin
  • Electoral Commission reopens Vote Leave probe
  • City grandee says HBOS crisis 'worst moment' of his career
  • Ex-OMGI duo enters model portfolio market with new boutique
  • Abolish stamp duty: six wealth managers' Budget wish lists
  • James Carthew: is the Japanese glass half full, empty, or illusory?
  • The Expert View: William Hill, Mitie and Xaar
  • Overnight Markets: Tech shares buoy Wall Street
  • Tuesday Papers: May told to exploit Merkel crisis to reduce Brexit bill
  • Investors brush off German government worries
  • Buy-to-let crackdown? Charles Stanley's 5 Budget calls
  • Brewin Dolphin's south west assets hit £1bn
  • Wealth Manager Top 100 2017: seven hidden fund talents to watch
  • Read More
    -->