Scottish Widows Investment Partnership (SWIP) has launched a Luxembourg based Sicav aimed at the continental European market.
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.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till