Skandia remains committed to the New Star managers controlling £77m in funds for the firm despite th...
Skandia remains committed to the New Star managers controlling £77m in funds for the firm despite the ongoing uncertainty surrounding the John Duffield-led company. New Star's Tim Steer currently runs bespoke mandates in Skandia's three high-profile Best Ideas vehicles, while the Southampton-based firm also uses New Star offerings in its fund of funds products. While doubts linger over the future of New Star and its fund managers following its likely bank syndicate takeover, Skandia says it will keep faith with its current managers and funds. Last month Skandia announced it replaced N...
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