Skandia International has announced the next wave of launches in its offshore fund range expansion programme.
The offshore business of the Skandia Group will unveil a variety of funds from HSBC, Credit Suisse, Allianz and Schroders in coming months.
A number of new fund groups, mainly offering funds from sectors with little or no correlation with major asset classes, are also being assessed and progress will be announced later this year, said the company.
Skandia International has added 42 non-UK domiciled funds to its platform since January, in response to feedback from advisers. The offshore offerings include funds from Jupiter, BlackRock, Investec and exclusive access to a range from Kotak.
Most recent additions to the range include a selection from Franklin Templeton and JF Asset Management (part of the JPMorgan group), meeting demand from investors in the Middle East and Far East. Both fund ranges offer access to fund areas previously unavailable, said Skandia International.
Steve Ellis, head of Skandia International’s investment proposition, said: “Advisers are increasingly looking for investments that can be tailored to meet the needs of their clients, regardless of where in the world they may be, and we hope that our latest fund expansion programme will meet their diverse needs.”
Recent additions to the Skandia International platform are: Franklin Templeton Emerging Markets Smaller Cos; Franklin Templeton Middle East North Africa; Franklin Templeton Bric; Franklin Templeton Global Bond; JF Asean (HK); JF Australia (HK); JF Korea (HK); and JF Taiwan (Lux).
Paul Bruns and Elaine Parkes
3,000 left to transfer
Record numbers of people aged 90 plus
From 3 to 10 October