Baillie Gifford head of European equities to leave in 2011

Hollis, who joined the firm in 1989 and became a partner in 2002, is stepping down for personal reasons. He joined the firm's European team in 2004 after a five year stint on its North American equities team and a 10 year spell on the British equities team. A spokesperson for Baillie Gifford says: "As the departure date is 15.5 months away, Baillie Gifford is currently considering people and structures." News of Hollis' departure comes as Baillie Gifford announced three new appointments to its board, bringing the number of partners to 35. Richard McGrail, Will Sutcliffe and Nick...