Scottish Widows Investment Partnership (SWIP) will open a new fixed income office based in New York in April 2011, What Investment reports. The global head of credit at SWIP, Neil Murray, will now manage the U.S. fixed income division of the New York office. SWIP has also appointed Kevin Mathews as head of U.S. high yield at New York, who will report to Murray. High yield analyst at SWIP’s Edinburgh-based European high yield team, Giulio Ponte, will also move to the New York office to work for Mathews.

Click here for the story from What Investment.