Baillie Gifford

Joined in 2009

Bond outlook finally looks to be changing

2016 award winners revealed

'Taking the initiative on transparency'

Simple, cheap and diverse vehicles offering high-quality active management

Run by Edwardson and team

Investment trusts: 'Who are the dinosaurs now?'

Scotland's £800bn fund management industry has begun to step up contingency plans in the event the country's populace votes for independence this September.

Fund buyers have flagged the possibility of the country's largest emerging market equity funds reopening after outflows and market falls prompted a sharp drop in assets.

Thanks to investors hungry for better returns, high yield bonds have performed strongly over the last year. More and more companies are issuing corporate bonds in that space. But how long can the good times last?