Augustus Baillie
Encyclopedia
Lieutenant Colonel Augustus Charles Baillie DSO
(25 March 1861 - 8 January 1939) was one of the founders of Baillie Gifford
, one of the United Kingdom
's largest investment managers.
, Baillie was initially commissioned into the Royal Horse Artillery
in 1880 but resigned his commission in 1886.
He rejoined the forces and fought in the Second Boer War
and was awarded the DSO
in 1900 as well as the Distinguished Conduct Medal
in 1901.
After the Second Boer War ended he was promoted to Major in the Imperial Yeomanry
in 1903.
In 1907 he co-founded the legal firm of Baillie Gifford WS
which in 1909 formed and then acted as manager of The Scottish Mortgage and Trust Company Limited
.
He was promoted to Lieutenant Colonel in 1908 but again resigned his commission in 1910.
In September 1914 following the outbreak of World War I
he was appointed Commanding Officer
of 2nd Lovat Scouts
.
He died in 1939.
Distinguished Service Order
The Distinguished Service Order is a military decoration of the United Kingdom, and formerly of other parts of the British Commonwealth and Empire, awarded for meritorious or distinguished service by officers of the armed forces during wartime, typically in actual combat.Instituted on 6 September...
(25 March 1861 - 8 January 1939) was one of the founders of Baillie Gifford
Baillie Gifford
Baillie Gifford is an investment management firm which is wholly owned by 36 partners, all of whom work full time for the firm. It was founded in Edinburgh in 1908 and still has its headquarters in the city...
, one of the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
's largest investment managers.
Career
Brought up in ScotlandScotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...
, Baillie was initially commissioned into the Royal Horse Artillery
Royal Horse Artillery
The regiments of the Royal Horse Artillery , dating from 1793, are part of the Royal Regiment of Artillery of the British Army...
in 1880 but resigned his commission in 1886.
He rejoined the forces and fought in the Second Boer War
Second Boer War
The Second Boer War was fought from 11 October 1899 until 31 May 1902 between the British Empire and the Afrikaans-speaking Dutch settlers of two independent Boer republics, the South African Republic and the Orange Free State...
and was awarded the DSO
Distinguished Service Order
The Distinguished Service Order is a military decoration of the United Kingdom, and formerly of other parts of the British Commonwealth and Empire, awarded for meritorious or distinguished service by officers of the armed forces during wartime, typically in actual combat.Instituted on 6 September...
in 1900 as well as the Distinguished Conduct Medal
Distinguished Conduct Medal
The Distinguished Conduct Medal was an extremely high level award for bravery. It was a second level military decoration awarded to other ranks of the British Army and formerly also to non-commissioned personnel of other Commonwealth countries.The medal was instituted in 1854, during the Crimean...
in 1901.
After the Second Boer War ended he was promoted to Major in the Imperial Yeomanry
Imperial Yeomanry
The Imperial Yeomanry was a British volunteer cavalry regiment that mainly saw action during the Second Boer War. Officially created on 24 December 1899, the regiment was based on members of standing Yeomanry regiments, but also contained a large contingent of mid-upper class English volunteers. In...
in 1903.
In 1907 he co-founded the legal firm of Baillie Gifford WS
Baillie Gifford
Baillie Gifford is an investment management firm which is wholly owned by 36 partners, all of whom work full time for the firm. It was founded in Edinburgh in 1908 and still has its headquarters in the city...
which in 1909 formed and then acted as manager of The Scottish Mortgage and Trust Company Limited
Scottish Mortgage Investment Trust
Scottish Mortgage Investment Trust is a publicly traded investment trust listed on the London Stock Exchange. It invests globally, looking for strong businesses with above-average returns. Scottish Mortgage is managed by Baillie Gifford & Co, the Edinburgh based investment management...
.
He was promoted to Lieutenant Colonel in 1908 but again resigned his commission in 1910.
In September 1914 following the outbreak of World War I
World War I
World War I , which was predominantly called the World War or the Great War from its occurrence until 1939, and the First World War or World War I thereafter, was a major war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918...
he was appointed Commanding Officer
Commanding officer
The commanding officer is the officer in command of a military unit. Typically, the commanding officer has ultimate authority over the unit, and is usually given wide latitude to run the unit as he sees fit, within the bounds of military law...
of 2nd Lovat Scouts
Lovat Scouts
The Lovat Scouts were a British Army unit. The unit was first formed during the Second Boer War as a Scottish Highland yeomanry regiment of the British Army and is the first known military unit to wear a ghillie suit...
.
He died in 1939.