Skandia's portfolio manager Lee Freeman-Shor has swapped Barings' James Buckley for former favourite Dirk Enderlein on the Skandia European Best Ideas fund.
Skandia has handed Wellington Management's Enderlein a €34m mandate, with Freeman-Shor (pictured) describing him as Europe's premier growth manager. Enderlein had previously run a mandate from European Best Ideas while at RCM between 2008 and 2009, before being removed following his departure for Wellington. "Given that I have ten managers, I have therefore decided to remove incumbent manager James Buckley. This opportunity cost decision was driven by the fact I was keen for the portfolio to have exposure to the structural growth stocks that Dirk buys as well as his execution skills,"...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
