Scottish Widows and Hill Samuel will convert their respective fund ranges to an Oeic structure. Inte...
Scottish Widows and Hill Samuel will convert their respective fund ranges to an Oeic structure. Interlinking Oeic and merger project groups within the new asset management group, which will begin trading on 30 June as The Scottish Widows Investment Partnership Limited, are looking at the future of the 48 unit trusts within the companies. The group, created following the purchase of Scottish Widows by Lloyds TSB last year, is looking at combining funds to avoid repetition and to roll poor performers into more successful funds. It is expected funds focusing on close geographical areas or...
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