Skandia to add to Best Ideas range

The three existing Best Ideas funds have proved popular with UK advisers, growing to over £750m in just 18 months and leading to significant demand from Skandia's businesses in continental Europe. European Best Ideas is likely to be a long-only Dublin-based fund with Sterling, Euro and US Dollar share classes. It will initially be launched in eight countries in continental Europe and SIG is currently evaluating demand in the UK. The fund will invest in pan-European equities (with exposure to the UK) and will blend the talents of ten fund managers. These manages will pick their ten 'best...