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Alliance Trust poaches Swip fixed income quartet

Alliance Trust has poached four senior member of the Swip fixed income team including global head of fixed income Rod Davidson.

Davidson is to be joined by fellow Swip employees Gareth Quantrill, Stuart McMaster and Stuart Steven as Alliance Trust looks to bolster its expertise in the space.

The team will officially join Alliance Trust in early 2010.

Davidson has 24 years investment experience. Prior to Swip to spent nine years as global head of fixed income at Aberdeen Asset Management.

Quantrill is the group’s head of bond product, with McMaster head of a aggregate bonds and Steven the firm’s investment director.

Alliance Trust chief executive Katherine Garrett-Cox says: “I am delighted to announce the appointment of a new fixed income team to Alliance Trust today.  The combined skills and experience the team brings to our investment approach will greatly enhance the income earning potential of the Trust.
 
“In a challenging external environment, the addition of fixed income expertise will inject greater balance to our overall portfolio and provide us with a wider scope to deliver superior returns to our shareholders.”

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