Swip’s Carver gets co-manager on Absolute Return Bond fund

Scottish Widows Investment Partnership (Swip) has promoted Dan Daldry to be co-manager of its £120m Absolute Return Bond fund.

Mr Daldry had been working with co-manager James Carver on the fund since 2012 after joining Swip as a graduate trainee in 2008.

The fund is in the second quartile of the IMA Absolute Return sector for the past three years and Swip said that, on a risk-adjusted basis, it is in the top decile of the sector for one and three years.