Skandia announces launch of UK version of Best Ideas fund

Skandia Investment Management Limited (SIML) has set a launch date of 11 October for its UK Best Ideas fund. Arriving on the back of the success of the group's Global Best Ideas fund, the portfolio will mirror the international version by selecting 10 managers who in turn will select their 10 best stock ideas. All 10 managers in the fund are UK specialists, with the five managers forming the UK component of the Global Best Ideas portfolio also featuring in the UK offering. New Star's Stephen Whittaker, Artemis's Mark Tyndall, Richard Plackett from Merrill Lynch, Gartmore's Ashley Willing...