BAILLIE GIFFORD DIVERSIFIED GROWTH A - Manager

Patrick Edwardson / Mike Brooks

Edwardson graduated with a BSc in Banking and International Finance from City University, London in 1993. He joined Baillie Gifford the same year and is currently developing a new Diversified Growth product. He was previously an Investment Manager in the UK Investment Team. He became a Partner in 2005.
Brooks graduated BSc (Hons) in Actuarial Mathematics and Statistics from Heriot Watt University in 1991. He qualified as an actuary at Scottish Provident, before joining Aegon Asset Management. In 2000, Brooks joined Baillie Gifford as Head of Investment Risk He moved to the Investment Team in 2007.

Track record

Patrick Edwardson / Mike Brooks has 2.9 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.12%.
During the worst period of relative performance (from June 2010 - December 2011) there was a decline of 9% relative to the index. The worst absolute loss has been 5%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 82%.

Sector record since June 2009 (3 yrs)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach