Skandia Oeic mandates

the group's multi-manager oeic to be run by external managers including JPMF and Merrills

Skandia is to offer segregated mandates from groups including JP Morgan Fleming, Merrill Lynch and Blackrock in its soon-to-be launched multi-manager Oeic. The Oeic, which was first reported in Investment Week earlier this month, has received FSA approval for the launch. While it is set to expand in the coming months, initially it will have four sub-funds: Europe, Japan, US and fixed interest. The European fund is to be managed by Blackrock, Albert Morillo's Edinburgh-based investment boutique, and ING, while the Japan fund will be managed by JP Morgan Fleming. The US fund is to be ma...