swip

SWIP's James Clunie makes impressive turnaround on UK Flexible Strategy after the fund was hard hit during the 2008 crisis.

ON BONDS

Scottish Widows Investment Partnership (SWIP) has boosted its real estate offering with the hire of five investment managers.

Roger Webb, manager of the £81m SWIP Strategic Bond fund, is poised to take advantage of the recent sell-off in high yield amid signs of a solution to the European crisis.

Since US shoppers have been forced to tighten their belts, the scouts are out for a new group of consumers to fill the global spending void.

Steven Logan, the co-manager of SWIP's £1.3bn High Yield Bond fund, has picked five high yield bonds to give investors stability in an uncertain environment.

Andrew Paisley has joined SWIP as investment director, reporting to head of UK equities Peter Cockburn.

Luke Hickmore, the manager of the £77m SWIP Strategic Bond fund, has upped exposure to high yield and investment grade cross-over indices in a short-term bid to protect the portfolio against unknown risks in the market.

SHOULD YOU JOIN THE FLIGHT TO GOLD?

Investors can find some attractive opportunities in bond markets amid the turmoil, according to SWIP's Steven Logan, co-manager of the group's £1.3bn High Yield Bond fund.