Scottish Widows to launch SRI-based Swedish fund

Scottish Widows Investment Partnership (SWIP) is to replicate the socially responsible investment (SRI) strategy used by AP Fonden 7, one of Sweden's national pension funds, for its new fund in the Nordic market.

The fund is to launch in May or June as a mirror of Scottish Widows' European equity fund. Christopher Walker, head of SWIP's institutional division, said Swedish institutions have already expressed interest.

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