Skandia Investment Management has replaced BlackRock, Axa Rosenberg and Cazenove within its European...
Skandia Investment Management has replaced BlackRock, Axa Rosenberg and Cazenove within its European equity multi-manager range, awarding £154m of mandates to Argonaut and Alliance Bernstein. Argonaut has won mandates worth £89m across the Skandia’s European Equity Blend, Cautious, Balanced, and Aggressive funds. Barry Norris will head this mandate, while Alliance Bernstein’s James Ross will run a £65m portfolio across SIML’s Cautious, Balanced, and Aggressive funds. Ryan Hughes, fund manager at Skandia, said the group constantly revaluated its holdings to ensure all managers styles b...
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