group in talks with 20 managers over autumn launch of global best ideas fund
Skandia Investment Management (IM) is in talks with 20 fund managers with the aim of launching a Global Best Ideas fund in September. The existing shortlist of managers is due to be halved with the final product, which will be run on a multi-manager basis, featuring 10 managers each running a list of their 10 highest conviction stocks. Managers from groups such as Artemis, Invesco Perpetual, Jupiter, New Star, Framlington, Liontrust and Schroders are all thought to be in the frame. While several of these groups are strong in UK equities, Schroders and Artemis both have solid European o...
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