Tuesday, 21 October 2014
Last updated 3 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.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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