03/10/2008

UK Equities Team Strengthened By Andrew Millington Appointment

Standard Life Investments, the global fund manager, has expanded its UK Equities team with the appointment of Andrew Millington as Investment Director, UK Equities. Andrew was previously employed by Baillie Gifford within their UK Equities team and as manager of the Baillie Gifford Income Fund.

Working within the highly experienced UK Equities team which currently controls around 1.9% of the UK stock market, Andrew will report to David Cumming, Head of UK Equities. Andrew’s initial focus will be on contributing to the analysis of UK stocks and sectors.

David Cumming, Head of UK Equities at Standard Life Investments, said:

"We are delighted that Andrew has chosen to join our award-winning team*. Having already gained valuable experience during time spent in the North American Equities, Emerging Markets and finally the UK equities teams as manager of The Baillie Gifford Income Fund, we look forward to Andrew making a significant contribution to Standard Life Investments."

* SLI’s UK Equities Team won the 'Citywire Team All Stars Asset Group Winner - UK Equities at the Citywire Team All Stars Awards. The team also won the ‘Best Overall Group Lipper Award’ in the ‘Non UK Equity Large’ category at the Lipper Fund Awards 2008.