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Skandia has ditched Artemis’ Jacob de Tusch-Lec from its £143m UK Best Ideas and £337m Global Best Ideas funds, in order to concentrate on running his Artemis Global Equity Income fund.
Skandia Investment Group has removed the Asian mandate within its £312m Global Best Ideas fund from Treasury Asia Asset Management’s Peter Sartori, handing it to Far East specialist Tiburon Partners.
It has been another busy week in financial services...
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Skandia has bought a £19m stake in the Liontrust Credit Absolute Return fund, spreading the investment across a number of portfolios.
Skandia has handed three fixed interest mandates within its multi-manager funds from Threadneedle to Nordea.
Skandia Investment Group has made a number of manager changes across its Best Ideas fund range.
Up to £8bn could exit with-profit bonds over the next three years, according to Skandia.
John Clougherty has moved to Norwich Union Life to a newly-created position as director of collective investment sales, having previously been UK sales director at Skandia IM.
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