Skandia continues offshore fund expansion

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Skandia International has unveiled the next wave of its offshore fund range expansion - with vehicles from HSBC, Credit Suisse, Allianz and Schroders soon to be available to investors.

The latest move is part of Skandia International’s effort to offer more non-UK domiciled investment options not denominated in sterling. Its new additions follow the 42 funds already added to the range since January this year. Skandia International has been active in its offshore expansion in recent months, highlighted by the addition of eight funds from Franklin Templeton and JF. The firm says the new funds are expected to come from sectors to have little or no correlation with the major asset classes. “Our goal is to offer advisers and clients a more diverse option when it comes to...

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