Edinburgh Partners, the company established by former Scottish Widows Investment Partnership's (Swip...
Edinburgh Partners, the company established by former Scottish Widows Investment Partnership's (Swip) former chief investment officer Sandy Nairn, has received FSA approval.
The group is to start launching funds, focusing predominantly on the UK and European markets, from October. Nairn said the focus of these funds will be institutional and he denied the company will be targeting business from Edinburgh Fund Managers group.
Nairn's partner, and former head of UK retail funds at Swip, Graham Campbell, worked at EFM as head of UK equities prior to joining Swip just over two years ago.
In total, seven former Swip members have left the Lloyds bank-owned group to establish Edinburgh Partners. In addition to Nairn and Campbell, these include Tony Mather, manager of the Swip UK Equity Income fund, Hill Samuel Income Trust and Scottish Widows High Reserve portfolio.
Dale Robertson, former head of European equities, and David Erskine, former head of European equity research, are also among those who have left Swip along with Kenny Grieg, former legal director, and Steve Anderson, who established the equity research portal at Swip.
Swip meanwhile has appointed Robert Waugh from EFM as head of UK equities. He joins with his colleague Peter Cockburn. The group is still recruiting.
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