Skandia has stripped a £77m UK equity mandate from Gartmore and handed control to Mirabaud. The M...
Skandia has stripped a £77m UK equity mandate from Gartmore and handed control to Mirabaud. The Mirabaud mandate - managed by Phillip Watson and Edward Peter-Hoblyn - runs across a number of Skandia's funds, as well as its Spectrum risk-based vehicles. Skandia says it removed the mandate from Gartmore's Ashley Willing and Simon King after "not delivering" on portfolio management and performance expectations. Last week Gartmore announced Willing's role at the firm had become redundant, with King assuming full control of its UK Focus fund. Skandia Investment Group senior fund manager ...
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