Nikko Asset Management has hired six investment specialists from Scottish Widows Investment Partnership in order to establish a global equities team.
The new recruits will be led by William Low as head of global equities. He was previously director of global equities at SWIP, which was acquired by Aberdeen Asset Management earlier this year.
Greig Bryson becomes investment director covering health care and materials Stephen Corr will cover industrials, Iain Fulton consumers, James Kinghorn global financials and Johnny Russell, who will cover energy and communications. All will be based in Edinburgh.
The team extends Nikko’s investment capability to include global equity. Asia investors want to diversify beyond domestic equity allocation, a spokesman for the Japanese firm said.