Skandia changes line-up on European Best Ideas

Danske Capital, which is part of Denmark's Danske Bank, will take on a €38m mandate run by Henrik Husted-Knudsen on the European equities team. The appointment was funded by balancing money from other managers in the European Best Ideas fund. There are currently eight European equity managers in the fund, including Crispin Odey, Liontrust's James Inglis-Jones and Barings' James Buckley. European Best Ideas manager Lee Freeman-Shor says the fund will benefit from Husted-Knudsen's stockpicking strategy, which has lead his €629.32m Danske Invest Europe fund to outperform the MSCI Euro...