Based in Edinburgh, he will report to Laurent Frings, head of credit research, as part of SWIP’s UK and European credit team under the leadership of Daniel McKernan.
Tong will be responsible for industrial sector research activities, with a focus on maximising the return in fixed income funds.
He has over 25 years’ investment management experience and joins having worked at Alliance Trust for 16 years, most recently as a UK equity fund manager and desk head.
Prior to that he spent six years at General Accident where his roles included head of fixed interest and unitised funds.
Daniel McKernan, head of UK & European credit at Swip, said: “SWIP has an established and in-depth approach to credit research and stock selection which, combined with our assets under management, makes us one of the largest and most competitive players in this market.
“Tong brings with him a wealth of experience from across both fixed income and equities; a powerful mix that perfectly complements the team’s investment and research philosophy. I look forward to him playing a key role in the future success of our growing research team.”