Skandia has handed Henderson a £7.2m mandate within its £60m UK Strategic Best Ideas fund.
Henderson's Paul Casson will run the long/short UK equity mandate, replacing Neil Pegrum who ran it before his move to Soros Fund Management earlier this year. Other managers on the only long/short equity multi-manager fund include Richard Plackett of BlackRock, Tim Steer of Artemis and Phil Hardy of Polar Capital. "Paul Casson is an experienced long/short manager with proven alpha generation who we have been observing for some time and we are really pleased to give him this mandate," says SIG senior fund manager Ryan Hughes. "His investment philosophy can best be described as prag...
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