Adviser demand has led Skandia to increase its passively-managed fund offering by adding eight Legal & General index trackers to its Selestia Investment Solutions platform.
Skandia says the demand shows access to passive funds is an increasingly important investment option for some clients. The new funds to be added to the platform are the L&G UK 100 Index Trust, L&G International Index Trust, L&G Ethical Trust, L&G European Index Trust, L&G UK Index Trust, L&G All Stocks Gilt Index Trust and L&G All Stocks Index Linked Gilt Index Trust. In addition to the L&G index trackers Skandia has also introduced L&G Fixed Interest to both its Life and Pensions fund range as well as its Selestia platform. "The addition of these passive funds offers investors and a...
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