Old Mutual-owned Skandia has revealed details of the 23 new sub-advised funds from the ten fund groups it recently signed up as partners for its Select fund range.
The ten asset manager groups on its low-cost fund range Select are: Aberdeen, Artemis, BlackRock, BNY Mellon, Fidelity, Henderson, Invesco Perpetual, JP Morgan, Schroders and Threadneedle.
The 23 funds will be launched in tranches over the coming months subject to regulatory approval.
The funds that have received regulatory approval are the Old Mutual Henderson European Growth fund to be managed by duo Richard Pease and Simon Rowe, Old Mutual Schroder Tokyo fund managed by Andrew Rose, Old Mutual Schroder US Mid Cap fund managed by Jenny Jones and the Old Mutual Threadneedle American Select fund managed by Cormac Weldon.
Here is a full list of the sub-funds:
Old Mutual Wealth director of investments James Millard says: “We are assembling an extremely high quality line up of funds across all the main asset classes, providing access to some of the most talented fund managers in the market.
“Our objective is to offer a desirable proposition at a very competitive price, making it a great choice for advisers whether they build portfolios for their clients in-house or wish to utilise our new managed portfolio service.”