SWIP adds new fund to Select Boutiques

JOHCM UK Opportunities Fund, managed by John Wood, has been selected by the SWIP Multi Manager team for addition to the UK equity blend of the fund, which currently accounts for 50% of SWIP Multi Manager Select Boutique's total allocation.

Wood's fund is run on a bottom-up unconstrained model focused on the FTSE 350 with a thematic overlay.

The SWIP Multi Manager Select Boutiques fund invests in a range of equity funds which are managed with an absolute return bias by specialist or boutique management companies.

Mark Harries, Investment director, Multi Manager at SWIP comments: "Given the tight criteria we have for the Select Boutiques fund, there are few managers that qualify for potential selection. At the latest review of the fund, John Wood was the stand out candidate. He has an excellent track record in delivering both downside protection and upside outperformance and the qualities of this fund were confirmed in our extensive due diligence process."