Skandia Investment Group has awarded a further £150m mandate to Schroders' Richard Buxton.
Replacing Origin Asset Management, the £150m mandate covers an element of UK equity assets in Skandia's UK Equity Blend and Diversified funds, as well as all six of the group's risk-rated Spectrum vehicles. Buxton already runs mandates in three Skandia funds - Global Best Ideas, UK Best Ideas and Global Dynamic Equity. "We have been particularly pleased with Schroders presence in managing UK equities within three of our funds and so I am delighted that we have been able to extend their presence by adding the Skandia Diversified fund; the Skandia UK Equity Blend fund and the Skandia Sp...
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