Skandia set to open three US funds to UK market

clock

Skandia Investment Group intends to launch three US equity funds from the Skandia Global Funds range into the UK market.

Combined, the funds already have £450m under management from investors outside of the UK. Subject to approval from the FSA and Irish regulator IFSRA, they are anticipated to be made available 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. All three funds were previously only available to Skandia’s European, Far East and Latin American customers. The US All Cap Value fund was launched in April 2002, while the US Large Cap Growth and US Capital Growth funds opened in 2007, in February and April respectively. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •