SCOTLAND's best- performing fund manager Robert Baltzer of Baillie Gifford has broken into the UK top 10 according to the latest data from financial publisher Citywire.
Mr Baltzer retained first place in The Herald's monthly table of top-performing asset managers working for Scottish investment houses for a second consecutive month when the latest investment performance figures for the three years to January 31 were compiled.
He saw off competition from Chris Bowie of Ignis Asset Management and Neil Vetich of SVM Asset Management in a top three that was unchanged from the previous month.
Mr Baltzer, who runs the yield bond fund and investment grade long bond fund for Edinburgh-based Baillie Gifford, saw his UK-wide ranking rise from 15th to tenth.
He has worked at the Edinburgh funds house since 2001 when he graduated from Durham University with a mathematics degree.
Mr Baltzer is one of nine Baillie Gifford managers to feature in the Scottish top flight. This is ahead of seven at Aberdeen Asset Management, down from nine the previous month, and five at Standard Life Investments, up one.
Patrick Edwardson and Mike Brooks, who run Baillie Gifford's Diversi- fied Growth Fund rejoined the list of top-performing managers after an improvement in their figures while colleague Mick Brewis who runs its American fund dropped off.
David Cumming, head of equities at Standard Life Investments, also regained his place on the Scottish list. He runs its UK equity recovery fund as well as overseeing UK equities for Standard Life's main life fund.
Vying with Mr Baltzer for top spot was Mr Bowie, Ignis's sole representative in the Scottish top flight, who was ranked second in Scotland and 17th UK-wide, up from 21st last month.
Like Mr Baltzer he is a fixed income manager, looking after the Glasgow funds house's corporate bond fund.
Mr Bowie joined Ignis in 2004 as head of credit and manages a seven-strong team.
Previously he ran the rates desk at Aegon UK.
The Citywire rankings are based on risk-adjusted performance against relevant benchmarks.
Fewer than one-fifth of UK fund managers qualify for one of the Citywire ratings, of which there were 238 in the latest month.
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