Kumar has been replaced by deputy portfolio manager Brian Lum with immediate effect, while Jared Anderson has been appointed deputy portfolio manager.
The precise reason for his departure remains unclear but follows an internal review by Baillie Gifford, according to a RNS notice from the trust.
Baillie Gifford: Investment trusts ‘that simply mirror an OEIC are vulnerable to attack’
Kumar was featured in a Shin Nippon manager insights video on Baillie Gifford’s website earlier in May but was absent for the trust’s presentation at Baillie Gifford’s investment trust conference in…
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