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SWIP Bond Fund Manager Quits

Scottish Widows Investment Partnership’s bond fund manager, Sebastian Mackay, has stepped down from his role.

    Scottish Widows Investment Partnership’s (SWIP)bond fund manager, Sebastian Mackay,has stepped down from his role,Financial Timesreports.The investment director managed theSterling Bond Plusfund.

    Management of the fund will be overtaken byGraeme Caughey, global head of rates at SWIP.Daniel McKernan, head of U.K. and European credit has been named deputy manager.

    Click here for the story fromFinancial Times.

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