Baillie Gifford's James Anderson to retire next year

Anderson, who joined Baillie Gifford in 1983 and became partner four years later, will hand over management duties of Scottish Mortgage to Tom Slater, who has been co-manager on the vehicle since 2015. Slater will be joined by Lawrence Burns, an investment manager on the firm's international growth research team, as deputy manager with immediate effect. Burns, who joined Baillie Gifford in 2009, is also co-manager of Baillie Gifford's International Concentrated Growth Strategy. Andrew Telfer, joint senior partner of Baillie Gifford, said Anderson has been "central to the strategic lea...