SWIP raids BlackRock for senior fixed income role

Scottish Widows Investment Partnership has hired BlackRock's Calum Smith to the newly-created role of head of global aggregate in its fixed income team.

Smith will be responsible for driving the strategy and performance of SWIP's global aggregate capability - encompassing strategies that combine government and corporate bond investing -  to both retail and institutional investors. Reporting to Graeme Caughey, the group's global head of rates, Smith will start his role on 22 October, heading a division that includes the likes of Guy Skinner, manager of the group's Global Bond Plus fund. Smith spent 11 years at BlackRock, most recently as a director and senior fixed income strategist. His 17-year investment management career has also in...