SLI poaches Baillie Gifford's Way

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STANDARD Life Investments(SLI) has strengthened its Japanese equities team with the appointment of Alistair Way, the small cap specialist formerly of Baillie Gifford.

The move may pave the way for the launch of a Japanese small cap fund. Way, who managed the Shin Nippon investment trust and Japanese Smaller Companies OEIC, will join SLI later this month. His appointment follows that of Matt Harris, who joined last October from SWIP. A spokesman for SLI said Way would initially contribute general investment ideas to the team ahead of being appointed to a portfolio. “Obviously there are plans that he will directly manage money at some point but first of all the priority is for him to settle into the team,” he said. The spokesman did not comme...

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