Skandia has appointed Old Mutual Global Investors director of investments James Millard as director of investments for a new investment solutions team that will be involved in the creation and management of its Select fund range, due to launch next year.
Millard will take up the role from 1 January and will report to Skandia commercial director Hylton Donnelly.
The investment team headed by Millard will also be responsible for investment oversight of the external fund ranges on Skandia’s platforms and will manage the commercial aspects of those relationships with fund group partners.
Within the new team, Skandia Investment Group chief investment officer of international Dean Bowden has been named head of investment solutions and will report to Millard. Ryan Hughes has been appointed portfolio manager.
Donnelly says Millard has “extensive asset management experience” and will play a key part in the management and development of investment propositions for advisers and their customers.