Swip names bond fund manager replacements

Swip has named Luke Hickmore and Neil Murray as the managers on four of its bond funds, following the defection of four of its fixed income team to Alliance Trust.

Effective immediately, Swip Sterling Credit Advantage fund manager Hickmore and corporate bond team member Murray will be the new managers on four of the group's retail funds. Stuart Steven, who ran the Swip Absolute Return Bond, Corporate Bond Plus and European Corporate Bond funds and Swip Sterling Bond Plus manager Stuart McMaster have left the Swip to join the trust early next year. They will be joined by the group's global head of fixed income Rod Davidson and head of bond products Gareth Quantrill. Swip says Andrew November will continue to have overall responsibility for fix...