Following the announcement that Patrick Edwardson, manager of the Baillie Gifford Multi Asset Growth fund and head of the multi-asset team, will retire from the business in April 2020 after 27 years, we have decided to suspend the fund's rating. Mr Edwardson has been one of the portfolio managers on the fund since its inception back in 2015 but the remaining four co-managers will continue to run the fund following his departure. Nicoleta Dumitru will become a named manager across the multi-asset strategies and James Squires will succeed Mr Edwardson as head of the team. Whilst the majority of the team will remain in place following Mr Edwardson's retirement we feel it is prudent to suspend the fund's rating and seek further meetings with the wider team to build a better understanding of how they will operate from 2020 and beyond.
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