Skandia to launch six risk-based MM funds

Dubbed ‘Spectrum’, Skandia says the new funds will be the only risk-targeted range in the market to invest in both fund-of-funds and manager-of-managers mandates. Advisers will be able to access them via all product wrappers on Skandia’s three platforms – Skandia life and pensions, Skandia MultiFunds and Selestia Investment Solutions. Skandia say the Spectrum funds are designed as ready-made investment solutions, enabling advisers to determine the risk profile of a client on a scale of one to ten and then match appropriate asset allocation. Built by the newly-created Skandia Investmen...