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(From Financial News (Daily))
Scottish Widows Investment Partnership has hired Phil Chappell as an investment director in its US team.Chappell was most recently at Schroder Investment Management, where he was a director of US equities until May this year. At Schroders he managed a range of US funds and a team of managers. Previously, Chappell was a senior US fund manager at Perpetual, where he worked for 17 years. Chappell will report to Graham Wood, investment director and head of global sectors and international research.
Insight Investment launches new retail range of funds
Insight Investment, the asset management arm of HBOS, has launched nine new funds and rebranded 14 others. The fund range breaks down into three categories. The first, Foundation, contains an All Share Tracker and some fixed-income funds. The second, Classic, houses core asset class funds and the third, ...