Edinburgh-based investment manager Baillie Gifford has expanded its fixed income capabilities with three new appointments.

Two experienced bond investors have recently joined the department, as part of the credit team: Duncan Sutherland joins from SWIP where he had specific knowledge of structured bond products; Donald Phillips has come from Aegon, having specialised in investment grade corporate bonds. They will be focusing on global credit, working for corporate bond products partner Stephen Rodger.

Susan Swindells joins as client service director working for Ken Barker, partner responsible for developing Baillie Gifford’s bond business globally. She will service institutional clients and help with new product development. She was previously with Fischer Francis Trees & Watts, where she managed credit portfolios.

Mr Barker said: “We have won new mandates worth more than £700 million [about $1,250 million] in 2008 in fixed income from several blue chip clients such as John Lewis, Cheshire County Council and a large FTSE 100 company. I now have a team of five investment professionals specialising in client service and product development which shows how seriously we are taking Fixed Income at Baillie Gifford.  We have the resource and talent to serve our expanding client base and manage anticipated growth.”