Fund manager James Clunie has left Scottish Widows Investment Partnership after six years.
Clunie managed the £51.8m Swip UK Flexible Strategy fund, £116m Swip UK Opportunities fund, £46.7m Scottish Widows Select Growth fund and the £72.4m TU Unit fund.
He also co-managed the Swip UK Income fund with Richard Dunbar.
Clunie, who was investment director within the global equities team, has been with Swip since April 2007. He had been managing the UK Opportunities fund on an interim basis following the repositioning of the group’s equities strategy last year.
Tony Foster will assume responsibility for managing the Swip UK Flexible Strategy fund while Mark Phillips will continue as back-up manager.