LP profile · Corporate
Scottish Widows Investment Partnership
Scottish Widows Investment Partnership is a corporate headquartered in United Kingdom (Europe). Ranked #319 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- Scottish Widows Investment Partnership (SWIP) was established as the asset management arm of Scottish Widows.
- The history of the parent company, Scottish Widows, dates back to 1815, when it was formed to support the families of soldiers.
Source of Capital
- SWIP managed funds originating from the life, pensions, and investment business of its parent company, Scottish Widows, which became part of Lloyds Banking Group in 2009.
- The firm's capital base was composed of funds from institutional and retail clients, including pension funds and insurance assets.
Major Events
- In 2013, Lloyds Banking Group sold SWIP to Aberdeen Asset Management in a deal valued at over £550 million.
- The acquisition was completed in 2014, transferring SWIP's assets and operations to Aberdeen and making it the largest listed investment manager in Europe at the time.
- Following the acquisition, the SWIP brand was phased out and its operations were integrated into Aberdeen Asset Management.
Allocation Strategy
- Prior to its acquisition, SWIP managed investments across a wide spectrum of asset classes.
- The firm's portfolio included global equities, real estate, fixed-income bonds, multi-asset, and multi-manager funds.
- At the end of 2013, the firm had approximately £146 billion in funds under management.
Sources
- https://en.wikipedia.org/wiki/Scottish_Widows_Investment_Partnership
- https://www.lloydsbankinggroup.com/who-we-are/our-heritage/scottish-widows-heritage.html
- https://www.financierworldwide.com/scottish-widows-sold-off-in-560m-deal
- https://www.fundssociety.com/en/news/business/aberdeen-completes-acquisition-of-swip-and-enters-into-a-long-term-relationship-with-lloyds-2/
- https://www.schroders.com/en/global/individual/media-centre/scottish-widows-lbg-assets/