Article: Saturday Profile: Katherine Garrett-Cox: Katherine the Great's latest coup is a sign of growing ambitions at Dundee group

KATHERINE GARRETT-COX has pulled. And those getting their coats and following the chief executive of the venerable Alliance Trust from Edinburgh to Dundee this week were the fixed income team at Scottish Widows Investment Partnership (Swip).

It is either a coup for Garrett-Cox or a bad sign for Lloyds Banking Group-owned Swip.

Since Lloyds recently decided to divest itself of Insight Investment Management to Bank of New York Mellon, Swip was the top asset manager dog in the Lloyds group.

Any worries that Insight's hot fixed income team would wipe the floor with that of Swip's were clearly diminished.

But still Rod Davidson, Swip's global head of fixed income, and three others from his ...

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