SWIP sets European sights high with Italian deal

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UK/ITALY - Scottish Widows Investment Partnership (SWIP), the asset management of Lloyds TSB is to extend its reach into the Italian institutional market with a co-operation deal and with investment bank Cofiri Sim.

The new venture will operate from Milan and Rome and offer both specialist and multi-asset capabilities. Cofiri Sim is one of Italy's leading independent financial companies, and is wholly-owned...

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