ScotWids adds two to its UK equities desk

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The UK equities desk at Scottish Widows Investment Partnership (Swip), is to be expanded by two memb...

The UK equities desk at Scottish Widows Investment Partnership (Swip), is to be expanded by two members of the Standard Life UK small-cap team. Gregor MacDonald and Ian Cormack are to join the group in three months time and will be running a UK small-cap fund for the retail market. Last week, Investment Week reported that Scottish Widows plans to rebrand and ringfence between 12 to 14 mainly former Hill Samuel funds as a range aimed exclusively at the intermediary market. These will be managed with an aggressive 30 to 40 stock approach. Swip chief investment officer Sandy Nairn has ov...

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