Peter Askew, who joined fund of funds specialist T. Bailey in June, has been appointed co-manager of its Growth Fund, alongside Elliot Farley. Askew and Farley will also co-manage the firm's Dynamic Cautious Managed Fund and Defensive Cautious Managed Fund. In the past, Askew has led global fixed income teams at T. Rowe Price, Flemings and JP Morgan. In 2011, he launched his own consultancy to advise asset management businesses. Richard Martin, who had been co-managing the firm's Growth Fund, is stepping back from day-to-day management, the company said in statement.