Sandy Nairn, chief investment officer at Scottish Widows Investment Partnership (Swip), and Graham C...
Sandy Nairn, chief investment officer at Scottish Widows Investment Partnership (Swip), and Graham Campbell, head of retail funds, resigned on Tuesday 25 March.
Investment Week understands the pair plan to establish an investment boutique.
Campbell, formerly of Edinburgh Fund Managers, joined Swip in May 2001 and is largely credited for turning around the poor performance of the group's UK fund range, including the £1.7bn Scottish Widows UK Growth portfolio. Nairn joined Swip from Templeton and has been CIO since late 2000. In 2002, Nairn published the book Engines that Move Markets, which investigates the market dynamics underlying technology-based stock market bubbles.
Andrew November, head of institutional funds and global strategy, will become CIO for institutional business and Graham Wood, head of global sectors and international research, will become CIO for equities.
It is not yet known how Campbell will be replaced but Swip was quick to point out it now has a team-based approach to managing assets.
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