Skandia International beefs up its emerging market offering

Both funds are Dublin-based vehicles available in Sterling, Dollar and Euro, and are managed by Skandia Investment Group (SIG).   The Skandia Local Currency Emerging Market Debt fund has been designed to take advantage of the longer term prospects for currencies and bonds in a wide range of emerging economies.   SIG awarded the mandate for this new fund to the US based institutional fixed-income investment specialist Stone Harbor Investment Partners, which already runs the Skandia Emerging Market Debt fund.   According to SIG, the rationale for the new fund was three-fold in that eme...