View more on these topics

Selestia name with Skandia ID for combined platform

Skandia and Selestia’s combined fund platform will launch in July under the name Selestia Investment Solutions.

Selestia will undergo a corporate identity redesign, losing its familiar green logo and will adopt the corporate look of Skandia’s blue brand identity.

Selestia Investment Solutions will combine the multi-manager expertise of Skandia MultiFunds with the technology infrastructure of Selestia, offering a “best of both” platform with £10bn of funds under management.

The platform, described as a “fund supermarket plus” will offer portfolio planning tools, comprehensive fund range, online new business processing, a broad range of tax wrappers and updated portfolio reporting tools.

Skandia claims it will be the most comprehensive proposition in the market, in terms of the range of products and services it offers.

Further details on the features and benefits will be announced in late June, before the July launch.

Existing clients will be migrated on to the platform by the end of the year.

Skandia UK business unit chief executive Brett Williams says: “Research among advisers demonstrates a real appetite to capitalise on the best of what Skandia and Selestia have to offers. Within this, it is clear that there is real brand equity among advisers for both companies, which are known to have different strengths.

“The selection of Selestia Investment Solutions as the fund platform name while retaining Skandia as the overarching brand, is an important next step of the journey towards full integration of the Skandia and Selestia businesses. As a total proposition, the Skandia UK platform will provide something really unique to the market. It will offer the most comprehensive choice for advisers in terms of which product, service or investment solution is most appropriate for their clients.”


Hedge hope?

A number of industry experts gathered at Money Marketing’s offices last week for a hedge fund roundtable and as you would expect the discussion produced as many questions as it did answers.

Cash points

The global equity markets have continued to gain upward momentum. Before February’s correction, we started to take a defensive approach due to the lack of pricing of potential risk and short-term technical and sentiment indicatorsWe believe these short-term market corrections offer great entry points for longerterm investors and we used the cash we had built […]

ERCs shows why long fix argument is flawed

One of the biggest dilemmas for a borrower now is whether to fix or not. The base rate has risen by 1 per cent in the last nine months and many economists are expecting at least one more 0.25 per cent increase before the end of the year.However, beyond this, things are more difficult to […]

Is this the endgame for the current mergers & acquisitions boom?

Last year, worldwide mergers and acquisitions (M&A) rose to an unprecedented $4.7tn, according to Thomson Reuters, a 41 per cent increase over 2014. Anthony Forcione, senior equity analyst at Loomis Sayles, an affiliate of Natixis Global Asset Management, looks at what’s been driving this particular wave of mergers. Click here to view full article: Loomis-Sayles


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