Threadneedle is supplanted on Skandia Best Ideas fund

Skandia has replaced Threadneedle with Polar Capital as one of the 10 managers on its UK Strategic B...

Skandia has replaced Threadneedle with Polar Capital as one of the 10 managers on its UK Strategic Best Ideas fund. The group has been reconsidering Threadneedle's share of the mandate since Paul Findley departed in July to go travelling. Polar Capital's £10m portion of the £102m offering is to be run by ex-Schroders manager Phil Hardy, who has experience of UK equities and hedge funds. Other managers involved in Skandia's UK Strategic Best Ideas portfolio include Richard Plackett and Mark Lyttleton from BlackRock, plus John Wood from Artemis, George Luckraft of Axa Framlington, Cazen...