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Polar Capital replaces Threadneedle in Skandia’s UK strategic best ideas fund

Skandia has awarded Polar Capital the £10 million mandate in its UK strategic best ideas fund that was previously run by Threadneedle.

Polar’s appointment follows the departure of Threadneedle’s fund manager Paul Findley in July.

Polar Capital’s UK equities lead manager Philip Hardy will oversee the running of the mandate. Hardy typically invests in companies with attractive valuations and good financial fundamentals. He also specialises in taking short positions in stocks in order to profit from situations where a company’s share price is expected to fall.

Skandia Investment Group fund manager Ryan Hughes says: “We believe that the boutique structure and culture at Polar Capital combined with the track record and experience of Philip Hardy makes this a very strong appointment to the fund.”


Open up to FSA

Informed Choice joint managing director Nick Bamford relates his experiences of having FSA staff to work on secondment in his offices in this week’s issue.

Runners and RDRs

We are approaching the final two furlongs of the RDR Grand National and the vested interests are gripping their whips ready to draw the final efforts from their tired mounts.

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Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.


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