SARAH Whitley and Matthew Brett, who run the Baillie Gifford Japanese fund, have held on to their joint first position in The Herald's latest monthly table of the best-performing fund managers working for Scottish investment houses.

Jonathan Asante, a one-time leader of the Scottish top flight who manages funds including First State Latin America and First State Global Emerging Markets Leaders, climbed from fifth to third position in the latest Scottish top flight when the latest investment performance figures for the three years to September 30 were compiled by financial publisher Citywire.

The joint ranking of Ms Whitley and Mr Brett, among asset managers in about 35 countries monitored by Citywire, improved from 23rd to 15th. Mr Asante's ranking improved from 118th to 57th.

In total, nearly 100 fund managers working for investment houses with a significant presence in Scotland qualify for a Citywire rating, which denotes positive performance. Of this total, 19 are with Baillie Gifford and 12 are with Standard Life Investments.