Millard to head up Skandia investment solutions team

Skandia has created an investment solutions team, headed up by James Millard, who will be tasked with creating the group's new 'Select' fund range.

Last month Investment Week revealed Skandia had agreed a deal with eight external fund groups to include their funds on specific core mandates under the Old Mutual Select brand. The fund range, planned for launch next year, is a direct play on the post-2012 restricted advice market. Aberdeen, BlackRock, BNY Mellon, Fidelity, Henderson, JP Morgan, Schroders and Threadneedle have all verbally agreed to run segregated mandates for Skandia. Millard and the team will now be responsible for creating the Select portfolios. He will work with Dean Bowden, who has been appointed head of i...