Wednesday, 28 November 2012 09:31
Skandia confirms eight fund managers for new fund range
Skandia has confirmed the fund manager line up for its new fund range which will launch in mid-2013.
The development of the low-cost fund range, which has the working title of 'Select', was announced by the firm in its half-year results earlier this year.
The eight fund groups will sit alongside Old Mutual Global Investors in the range and will be available via the Skandia platform.
The fund groups are Aberdeen, Blackrock, BNY Mellon, Fidelity, Henderson, JP Morgan, Schroders and Threadneedle.
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Skandia has said the range will be competitive and covering all major asset classes, making it ideal for financial advisers who are running their own centralised investment proposition.
Although Skandia is a key partner with M&G Investments, M&G will not be taking part in the range as it does not offer sub-advised retail mandates. Instead, M&G will be a strategic partner and it is hoped it will be able to work within the fund range in the future.
Paul Feeney, chief executive of Old Mutual Wealth, said: "This is a very exciting line-up of high quality fund managers which will make this range of funds very attractive to all types of financial adviser post-RDR.
"These funds will have every competitive charges, a clear example of how we are able to use our scale and market position to negotiate great deals for the advisers that work with us and their customers."
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The development of the low-cost fund range, which has the working title of 'Select', was announced by the firm in its half-year results earlier this year.
The eight fund groups will sit alongside Old Mutual Global Investors in the range and will be available via the Skandia platform.
The fund groups are Aberdeen, Blackrock, BNY Mellon, Fidelity, Henderson, JP Morgan, Schroders and Threadneedle.
{desktop}{/desktop}{mobile}{/mobile}
Skandia has said the range will be competitive and covering all major asset classes, making it ideal for financial advisers who are running their own centralised investment proposition.
Although Skandia is a key partner with M&G Investments, M&G will not be taking part in the range as it does not offer sub-advised retail mandates. Instead, M&G will be a strategic partner and it is hoped it will be able to work within the fund range in the future.
Paul Feeney, chief executive of Old Mutual Wealth, said: "This is a very exciting line-up of high quality fund managers which will make this range of funds very attractive to all types of financial adviser post-RDR.
"These funds will have every competitive charges, a clear example of how we are able to use our scale and market position to negotiate great deals for the advisers that work with us and their customers."
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