Skandia Investment Management (IM) has replaced Japanese manager Sparx within its actively managed a...
Skandia Investment Management (IM) has replaced Japanese manager Sparx within its actively managed and asset allocator fund ranges, adding value-focused AllianceBernstein in its place. While the Sparx mandate had performed well within the firm's Aggressive, Balanced and Cautious funds as well as in the Japanese Equity Blend portfolio, it was replaced following the departure of manager Kahori Ando. Ryan Hughes, fund manager at Skandia IM, said: "Kahori Ando is an experienced investor and one of the main attractions for us. Her departure prompted us to look at other managers and we know All...
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