Standard Life poaches Baillie Gifford's Millington

The appointment marks SLI's move to expand the UK equities team, which it says currently controls approximately 1.9pc of the UK stockmarket. In his new role, Millington will report to David Cumming, head of UK equities and will initially focus on contributing to the analysis of UK stocks and sectors. Cumming commented: "We are delighted that Andrew has chosen to join our team. Having already gained valuable experience during time spent in the North American equities, emerging markets and finally the UK equities teams as manager of the Baillie Gifford Income fund, we look forward to Andr...