SWIP assets set to grow by £42bn following Lloyds restructure

Jonathan Stapleton
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Scottish Widows Investment Partnership will see its assets grow by £42bn following a strategic review of the asset management businesses of Lloyds Banking Group.

Lloyds said it intends to transfer the investment management of the funds sourced from the its Halifax and Bank of Scotland bancassurance businesses, the Bank of Scotland wealth management operatio...

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