View more on these topics

Rosenberg gets Skandia mandate

Skandia Investment Manage-ment has replaced ING with Axa Rosenberg Investment Management on the 60m European equities mandate for its multi-manager range.

The mandate represents a third of Skandia Investment Management’s European exposure and will have a slight value bias. This will be combined with European mandates run by Goldman Sachs and BlackRock.

The move follows the appointment of Asian asset manager Sparx to run a 20m Japanese equity mandate, while Gartmore and UBS were recently brought in to replace Merrill Lynch as manager of the UK equities mandate.

Skandia says its decision to replace ING and Merrill Lynch with other managers is not a reflection of poor performance. Skandia Investment Management head of marketing David Orr says “In performance terms, they did a good job for us. It is more a case of blending new opportunities as things evolve, so we are constantly looking at new managers.”


Review of 2004: Pensions

Panto season starts early in the House of Commons. Pensions minister Malcolm Wicks was writer and star turn in the shenanigans that surrounded the pension protection fund. “Will it be retrospective?” – “Oh yes it will”, “Oh no it won’t”.


The introduction of the child trust fund has come at an opportune time for the family of one woodworker.

Review of 2004: Investment

Yet another Government savings initiative slipped into freefall as the Chancellor managed to ruin what was a successful product by stripping away some of the reasons for people buying them. Isa sales fell off a cliff, with the first-ever month of net redemptions.

Sure bet

Making the most of a freebie award: Goes to freelance journalist Jenne Mannion who scooped winnings of 200 a time at consecutive junkets to Windsor Park races. At the Cazenove event, she backed winners in five of the six races.

To be and not to be – Multi asset investing with conviction

At Pictet Asset Management we believe active management of asset allocation is the most important generator of returns. What is not to be in our portfolio is just as important as what is to be because good performance is determined as much by the assets you avoid as by those you hold. The FP Pictet Multi Asset Portfolio managers are not wedded to any particular […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm