Scottish Widows Investment Partnership (Swip) plans to convert its last tranche of unit trusts to Oe...
Scottish Widows Investment Partnership (Swip) plans to convert its last tranche of unit trusts to Oeics on 25 September. The move involves eight Hill Samuel unit trusts, which are to be rebranded into the Swip Oeic, and four Hill Samuel unit trusts with UK mandates, which will move into the Swip UK Oeic. The rebranding to Swip effectively ends the use of the Hill Samuel banner. Steve Hutton, head of wholesale business at Swip, said the flexibility to offer a broader range of funds with different share classes via the Swip Oeic will increase the options for private client investment ma...
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