Skandia to launch three new US funds in UK

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Skandia Investment Group (SIG) intends to launch three new US equity funds into the UK market.

Combined, the funds already have £450m under management from investors outside of the UK. Subject to FSA and Irish regulator IFSRA approval, they are anticipated to be launched in the UK in the autumn. The three funds are: Skandia US All Cap Value, Skandia US Capital Growth and Skandia US Large Cap Value. Only previously available to investors in Skandia’s European, Far East and Latin American markets, the funds form part of the range from Skandia Global Funds (SGF)-SIG’s Dublin-based fund management company. SGF operates 22 single strategy funds where management of each is outsourc...

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