Saturday, 20 December 2014
Last updated 13 hours ago
Jul 27 2007 | 1:28pm ET
Scottish Widows Investment Partnership, the asset management arm of the Lloyds TSB Group, has launched a Luxembourg-based SICAV aimed at the continental European market.
SWIP’s latest offering is part of its international asset management distribution strategy, which aims to gain maximum exposure to the largest markets in Europe including Germany, France, Italy, Spain, Sweden, Switzerland and the Netherlands.
The SICAV will include a range of SWIP funds, providing diversification across asset classes. New fund launches within the structure will include the SWIP Absolute Return Macro Fund, SWIP Euro Absolute Return Fund, SWIP US Dollar Absolute Return Fund and SWIP High Alpha Euro Bond Fund.
Added to this will be SWIP’s Emerging Markets Fund, European Fund, European Smaller Companies Fund, European Real Estate Securities Fund. The last four funds are based on established U.K. versions of SWIP funds.
“We have already seen great success with new business wins in Southern Europe, Germany and Scandinavia across a range of asset classes,” said Simon Wombwell, head of distribution at SWIP. “The SICAV will offer a range of funds from SWIP’s core capabilities, which have different levels of risk and return.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.