Threadneedle's Brazier to take over SWIP's UK Select Trust

clock

Threadneedle's Simon Brazier is to take over management of the £25m UK Select trust as the group lays out its plans for expansion into the investment trust space.

Brazier (pictured), who is expected to take control on 31 July, will manage the portfolio in accordance with the UK Equity Alpha strategy he applies to the running of his £1.1bn Threadneedle UK fund. Scottish Widows Investment Partnership ended its contract to run the vehicle in April, when it announced the restructure of its equity division. The trust had been run by the group's former head of UK equities, Peter Cockburn, since 2003. Cockburn departed SWIP as part of that restructure, which has seen the group shift much of its equity focus to offering "enhanced passive" strategies. ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Trustpilot