Swip appoints Roger Webb to bond team
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Swip has appointed Roger Webb as investment director for corporate bonds.
Webb will be based at Swip’s Edinburgh office and will report to Swip head of credit Neil Murray.
Webb was previously head of credit portfolio management at Aviva Investors, where he managed the £1bn corporate bond fund and the £390m higher income plus fund. It was announced he was to leave the firm in July
Webb joined the fixed income team in January 1996 after spending four years in bond fund management with Norwich Union’s Spanish operation, Plus Ultra, where he was responsible for both credit and government bond funds.
Swip’s fixed income team took a big hit in August when Alliance Trust poached four senior member of the Swip fixed income team, including global head of fixed income Rod Davidson.
Swip head of credit Neil Murray says: “Roger comes to Swip with a highly impressive track record and a wealth of experience in managing corporate bond portfolios. His appointment represents an important step in the strengthening and development of our corporate bond business.
“Roger’s investment style wholly complements the Swip investment philosophy where the team generates high-conviction portfolios based on our best relative value ideas. We look forward to welcoming him to the team and anticipate making further appointments over the coming months to further progress our established Bond offering.”
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