Allianz subsidiary RCM is taking over Skandia's £55m European equity mandate, replacing Lazards. ...
Allianz subsidiary RCM is taking over Skandia’s £55m European equity mandate, replacing Lazards. The fund will comprise its Equity Blend, Balanced, Cautious and Aggressive funds. Lazards will continue to run other Skandia multi-manager funds. The mandate will be run by RCM’s Dirk Enderlein, a highly regarded growth investor in the institutional environment who typically expresses his ideas through a portfolio of 50-80 stocks. He focuses on structural growth stocks in the “good value to good growth” space. Ryan Hughes, a senior fund manager at Skandia, said: “We have decided to switch...
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