Skandia to launch three US funds

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Skandia Investment Group is to launch three new US equity funds for the UK retail market. The tr...

Skandia Investment Group is to launch three new US equity funds for the UK retail market. The trio of funds has already accumulated £450m into the funds from investors outside the UK and are set to launch in the autumn, pending approval from the FSA and IFSRA, the Irish regulator. The funds are Skandia US All Cap Value, US Capital Growth and US Large Cap Value and will be managed by Skandia Global Funds, SIG’s Dublin-based company. The three funds are managed by Mario Gabelli and GAMCO Investors, Thomas Marisco and Marisco Capital Management and Bill Priest and David Pearl and Epoch I...

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