Skandia Investment Group (SIG) has transferred responsibility of running its Global Best Ideas fund from Aberdeen to Treasury Asia Asset Management.
The group appointed the specialist Asia Pacific boutique investment manager to run the £30m mandate having uncovered its strong Asian equity management capabilities, particularly its high conviction and opportunistic approach to investing. Peter Sartori will head up the management of the fund. James Millard, chief investment officer of Skandia Investment Group, commented: "We constantly review the mandates across the board in our funds to ensure that not only do we have the best fund managers around but also to ensure that they work well together in any particular fund. "Treasury Asia ...
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