SWIP plans 2007 fund launches

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SCOTTISH Widows Investment Management (SWIP) is to add a series of new funds to its UK retail range this summer with a European Absolute Return fund and an International Small Caps fund planned.

Professional Adviser can reveal SWIP intends to build on its recent renaissance with a series of new, innovative UK retail products. Graham Wood, chief investment officer of equities at SWIP, outlined his vision for the firm. He said: “We like to think the type of product that we are bringing to the marketplace is innovative so our plans for this year have to reflect that too. "We speak to the fund managers about this as well as our sales managers who in turn are speaking to the IFAs. “An example of this is our plans for an International Small Cap fund, which is something that we are lo...

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