Skandia Investment Group (SIG) has dumped the UBS mandate in its UK Equity Blend vehicle, replacing it with the Aegon UK Opportunities fund.
The Aegon offering, managed by Audrey Ryan, is one of six retail mandates in the £110m Skandia UK Equity Blend fund – accounting for 19% of the vehicle. SIG says UBS will continue to manage mandates across Skandia’s other multi-manager funds and provide fund links on its platform. The new UK Equity Blend line-up is: 19% - Aegon UK Opportunities 19% - Gartmore mandate 19% - Lazard mandate 15% - Artemis UK Growth 15% - Origin mandate 13% - Schroder UK Alpha Plus “Audrey Ryan is a hugely talented fund manager who we have been utilising with our Ethical fund for a num...
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