Skandia adds funds to Europe and US Equity Blend

Skandia Investment Group (SIG) has added Newton's European Higher Income to its European Equity Blend...

Skandia Investment Group (SIG) has added Newton's European Higher Income to its European Equity Blend vehicle and introduced Schroders' US Small & Mid Cap fund to its US Equity Blend offering. The addition of the Newton fund, run by Raj Shant, sees SIG reduce exposure to vehicles managed by Artemis and New Star. SIG has minimised allocation to T. Rowe Price in its US Equity Blend to accommodate the Schroder fund, managed by Jenny B Jones. "The decision was made to introduce the Newton European Higher Income Fund and the Schroder US Small and Mid Cap Fund to our portfolios to provide an ...