Skandia is considering an overseas version of its UK Strategic Best Ideas fund as it reaches its fir...
Skandia is considering an overseas version of its UK Strategic Best Ideas fund as it reaches its first anniversary. The group is considering a European or International version of the fund, which has accrued £90m funds under management through its long/short multi-manager strategy. It is currently 40th out of 330 funds in the IMA UK All Companies sector after one year to 15 September, returning -3.9% against a sector average of -7%, according to Morningstar. The market exposure within the fund is currently 47%, having ranged from 45% to 75% over the life of the fund. Some managers h...
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