Skandia smashes £25bn mark

clock

SKANDIA has broken through the £25bn mark for open architecture funds under management.

This level was achieved through the group’s open architecture fund range (Self Select). These assets span all Skandia’s product lines, both onshore and offshore, including pensions, protection, bonds and fund supermarket (ISA, PEP and unwrapped fund holdings). The figure makes up the majority of Skandia’s total funds under management of £31bn. The group said passing £25bn demonstrates the increasing demand from advisers for products that give them access to funds from multiple managers. Skandia expects this trend to continue as advisers look to construct individually tailored...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read
Schroder Investment Solutions expands distribution of MPS

Schroder Investment Solutions expands distribution of MPS

Expanding the range of DFM choice on the Parmenion platform

Ayesha Venkataraman
clock 06 December 2022 • 2 min read
Larger DC pots hit by weak investment performance

Larger DC pots hit by weak investment performance

Aon’s DC tracker

Holly Roach
clock 01 July 2022 • 4 min read