NEWS - MULTI-MANAGER
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 Spectrum funds to their remit," Skandia senior fund manager Ryan Hughes says.
Categories: Multi-manager
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