swip

Scottish Widows Investment Partnership (SWIP) has expanded its global strategy team with the appointment of Kenneth Anderson as investment director.

SWIP's director of real estate Malcolm Naish is to retire at the end of June.

Alliance Trust Investments has poached SWIP bond manager Juan Valenzuela to head up a new fixed income fund.

CONTRARIAN

ENERGY

Peter Cockburn's £371m SWIP UK Select Growth and £124m UK Opportunities funds have been handed to James Clunie with immediate effect, as part of a shake-up at the firm which will see 23 investment roles culled.

SWIP

Scottish Widows Investment Partnership (SWIP) has announced the first casualty of its cost-cutting drive after revealing its intention to wind-up Peter Cockburn's UK Select Trust.

Scottish Widows Investment Partnership (SWIP) has moved to reassure wealth managers that one of its rising stars, absolute return manager James Clunie, will remain in his role despite a major overhaul of its equities business.

Scottish Widows Investment Partnership(SWIP), the asset management arm of Lloyds, is shutting down a string of its regional investment desks with the loss of 23 investment roles.