Skandia appoints manager for GEM fund

Skandia Investment Group has appointed EM specialist Fisher Investments to oversee its new Global Emerging Markets fund.

Fisher Investments - a US-based private investment firm with $35bn in assets under management - aim to capitalise on country, sector and industry cycles to generate high returns and minimise downside. SIG head of equity research Ramon Eyck says a key attraction of Fisher is its highly-experienced investment policy committee. "Fisher has a total of nearly 80 years experience. From a performance perspective, in our view Fisher has demonstrated their ability to deliver outperformance by effectively capturing upside opportunity while limiting downside capture to a level in line with thei...