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. ...
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