Skandia mulls Euro and International best ideas funds

The news comes as the UK Strategic Best Ideas fund, the latest fund in the range, has reached £70m one month after launch; double the level expected. UK Strategic Best Ideas is the first multi-manager fund in the retail market to include both long and short positions. Like the other funds in the range, UK Best Ideas and Global Best Ideas, the fund features the top ten stock ideas from ten fund managers. The structure of the new Euro and International funds has not been decided but they are likely to follow the existing best ideas format. SIML’s Best Ideas range now has funds under ...