Skandia today launches a new investment arm pooling together all its multi-manager business.
Skandia Group says Skandia Investment Group (SIG) will manage assets of around £60bn, making it one of the world's largest multi-manager firms. It says SIG will be responsible for creating and delivering products for the firm’s three core market facing businesses - Skandia Europe & Latin America (ELAM), Skandia Nordic and Skandia UK & Offshore. In addition, it says all the investment propositions within SIG will include multi-manager portfolios, research selected funds, structured products and open architecture fund platforms. Skandia adds its three existing manufacturing and delivery...
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