Skandia Investment Group (SIG) is poised to launch five US funds into the UK at a time of significant investment opportunities, according to the company.
The funds will be available via Royal Skandia’s offshore bond as well as direct investment, from 22 October and are currently awaiting FSA approval. Operated by Skandia Global Funds (SGF), SIG’s Dublin-based fund company, the five funds – previously only available through Skandia’s European, Far East and Latin American businesses – have already gathered assets of $800m (£462m) outside the UK. The five funds were chosen to enhance Skandia’s range of single-manager offerings in the UK and meet adviser demand for US equity products, said the firm. Funds and managers are as follows: S...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
