Edinburgh-based Scottish Widows Investment Management (SWIM) reported dramatic growth of well over $1bn (E1.14bn) in European specialist mandate business for the year end 1998.
SWIM, offering specialist briefs in Europe ex-UK, Pan-Europe in-cluding the UK, and Euroland saw European assets under management rise from $351m to $1.56bn, out of a total of $52bn managed worldwide, winning mandates from the US, UK and the continent.