Edinburgh-based fund house Baillie Gifford has revealed it has started building an advisory business to engage better with the wider IFA market, and has also launched a Multi Asset Income fund.
Speaking to PA's sister title Investment Week, head of distribution and marketing James Budden said the group had enjoyed increasing engagement and success within the discretionary fund management and wealth management market over the past five years, but it now wanted to tackle the adviser market. He said: "We have invested a good deal in terms of resource and marketing in the DFM/wealth manager space and have managed to establish a strong presence. "However, we are less well-known and understood in the wider advisory market and our range of global and regional funds are perhaps less...
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