Group recruits investment chief

Standard Life Investments has hired Andrew Millington as investment director, UK equities. Millington previously worked at Baillie Gifford where he managed the £12.9m Baillie Gifford Income fund, since November 2007. Patrick Edwardson took over management of the fund on August 28. At Standard Life Millington will report to David Cumming, head of UK equities. His initial focus will be on contributing to the analysis of British stocks and sectors.