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Swip international equity director Steven Maxwell dies

Scottish Widows investment director, international equities Steven Maxwell has passed away.

Maxwell stepped down from fund management in the final quarter of 2011 and passed away on April 8.

Maxwell managed the £49m Swip European income fund and the £26m TU European fund.

Maxwell joined Swip in 2004 from Standard Life Investments where he was part of the European equity team for nine years.

A statement from Swip says: “It is with deep sadness that we confirm Steven Maxwell, investment director in Swip’s international equities team, passed away on Sunday April 8, following a long illness.    

“Steven was a highly-regarded colleague and well-respected across the industry. He will be missed by all who knew him and in particular by those who worked closely with him in Swip’s International Equities team. Our thoughts and sympathies are with his wife and family at this difficult time.”

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