DENMARK - Scottish Widows Investment Partnership (SWIP), the asset management arm of Lloyds TSB Group, has registered its mutual fund range in Denmark, geared towards targeting institutional investors.
According to SWIP, Denmark has been identified as a key region for driving its international asset management business forward. Its focus will be to seek opportunities in European and emerging markets equities and European real estate.
According to SWIP’s own research, emerging markets are set to deliver the best returns in 2006 and remain underpriced on a three year view.
Martin Ortving, head of Nordic business at SWIP, said: “SWIP believes there is investor demand for emerging market equities in Denmark and will seek opportunities in this asset class.”
SWIP has £87.5bn funds under management as at June 2005.
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