Swip property arm hires wave of investment managers

Scottish Widows Investment Partnership (Swip) has drafted in four new hires to help boost its property division.

Laura Hamilton joined the Swip institutional real estate team on 1 September after coming on board from AIG Global Real Estate.

Graham McPhail, formerly of Stockland and Schroders’ Lucy Duncan have also joined the institutional team and the pair will report to Peter Lillington, head of institutional real estate.

Completing the wave of four recruits Ewan Cameron has been appointed to the Swip property trust team and like McPhail, joins the team from Stockland.

‘Real estate at Swip has been going from strength to strength, attracting new clients and delivering innovative real estate solutions,’ Malcolm Naish, director of real estate at Swip, said. ‘We are pushing to expand our portfolio and client base in the UK and on an international level. The new investment managers and changes within the team will help us to continue to deliver on new and existing products.’

Swip has around £5.9 billion of assets under management.and despite a difficult environment for commercial property, the Swip trust has been able to double in size over the last 15 months.

Over the last three years the £2.1 billion fund has lost 2.74% while its benchmark has lost 1.14%.