Skandia is expanding its multi-manager fund range with the addition of one
new fund manager and a total of 12 new funds.
It will link to Sarasin and introduce eight new funds to its MultiIsa,
MultiPep and MultiFund range and life and pensions products. A further four
new funds will be made available to its life and pension range.
The new funds are the Sarasin EquiSar global thematic, the Aberdeen
sterling bond, Fidelity MoneyBuilder income, Fidelity UK growth, M&G
corporate bond, M&G media and communications, M&G global financials and
Lazard UK alpha.
The Skandia UK dynamic fund, Merrill Lynch blue chip, Merrill Lynch income
and Lazard European alpha are only available on life and pensions.
Skandia believes Sarasin's thematic fund provides an investment strategy
that is not dependent on one region or market.
The Lazard funds are the first Lazard funds to join Skandia's life and
pension products. Lazard hopes to gain from Skandia's IFA distribution
Skandia investment brand manager Phil Morse says: “These new funds
represent our quest for quality fund management and I feel confident IFAs
will welcome the addition.Skandia's aim is to offer quality funds that are
consistently available across all our products and we continually review
our fund range.”