Skandia has launched a multi-manager business, which it claims will be one of the largest in the world.
Skandia Investment Group (SIG) will manage combined assets of around £60bn for Skandia Europe & Latin America, Skandia Nordic and Skandia UK & Offshore. Investment propositions will include multi-manager portfolios, research selected funds, structured products and open architecture fund platforms. Jamie MacLeod has been appointed chief executive of SIG and will report directly to Julian Roberts, chief executive of Skandia Group and Old Mutual Director for Europe. MacLeod will also retain his current position of chief executive of Skandia Investment Management in the UK, as well as the UK’s...
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