SWIP appoints chief economist to replace Dingwall-Smith
Scottish Widows Investment Partnership (SWIP) has appointed Lucy O’Carroll to the position of chief economist.
O’Carroll will report to Ken Adams, head of global strategy, and will be based in the company’s Edinburgh office.
She joins from Llloyds Banking Group, where she has worked as senior economist, more recently focussing on detailed analysis of the eurozone crisis.
She will be responsible for all aspects of SWIP’s analysis of global economic developments and prospects, with particular focus on the impact they have on growth, inflation, interest rates and bond yields.
O’Carroll will replace Richard Dingwall-Smith, who has been SWIP’s chief economist since 1998. He will remain at SWIP in the role of senior economic adviser.
“Lucy is a highly respected and hugely experienced economist and we are delighted to be able to welcome her to SWIP,” said Adams.
“She will make an immediate contribution to SWIP’s economic research, developing macroeconomic views that can be capitalised on by our investment teams to add value on fixed interest, real estate, equity and multi-asset portfolios.”
This article was first published on Investment Week