Skandia Investment Group (SIG) is planning to launch five new US funds into the UK, providing advisers with one of the most comprehensive fund offerings for the US market.
The chosen funds are the Skandia US All Cap Value, US Capital, US Large Cap Value, US Value and lastly US Large Cap Growth. They will be launched into the UK on October 22, 2008 and have already gathered assets outside of the UK, totaling about $800m. The funds are awaiting FSA approval and will be available initially for direct investment and via Royal Skandia's offshore bond for investors in the UK and overseas. Skandia has said that it will evaluate the demand from advisers before deciding whether to add them to its Selestia Investment Solutions platform and its life and pensions fund ...
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