View more on these topics

SWIP multi-manager ups equity weighting in diversity fund

Scottish Widows Investment Partnership multi-manager team has increased the strategic equity weighting of its diversity fund to 34 per cent to take advantage of the economic change anticipated throughout 2009.

The increase gives the portfolio a neutral weighting to equities and was achieved by investing in i-shares to allow the full exposure of the rise in the market to be realised.

The SWIP team has also increased the commodities weighting within the fund.

SWIP head of multi-manager Mark Harries says: “We anticipate a significant upturn in the equity market. We are not predicting a return to a bull market but we are of the opinion that there will be a sharp rally. We want our customers to benefit from that rally and so have increased our exposure to equities.”


FOS will reveal complaint data

The Financial Ombudsman Service is to publish business-specific complaint data every six months for every firm that has at least 30 new and 30 closed cases during the period.The watchdog says data will include the numbers of new cases and the percentage of closed cases where there has been a change of outcome in favour […]

Active response

It has not gone unnoticed that active management has struggled in recent years – the Investment Management Association UK all companies sector has, for example, underperformed the FTSE All Share by 3.46 per cent in 2007 and 2.29 per cent in 2008 compared with a 10-year annualised return that has been pretty much in line with the market.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm