Skandia

BNY Mellon has appointed PeterPaul Pardi as global head of distribution.

Investors are concerned recent sharp moves in Apple's share price are distorting returns for the wider US market, suggesting some indices may have to be rebalanced to lessen the tech giant's dominance.

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Skandia Investment Group (SIG) has expanded the management line-up of its £1bn Global Dynamic Equity fund, handing a £20m mandate to Asia specialist Andrew Dalrymple, at Aubrey Capital Management.

Skandia Investment Group (SIG) has replaced Goldman Sachs as manager of its offshore $158m European Equity fund, installing General Electric Asset Management to run the fund.

After a volatile start to 2012, equity markets have staged a prolonged rally in recent weeks.

Skandia Investment Group (SIG) has removed J.P. Morgan from its $350m Skandia Global Equity fund, handing the mandate to Five Oceans Asset Management.

Fidelity FundsNetwork has become the first of the fund supermarkets to confirm it will offer investment trusts ahead of RDR.

Skandia UK has revealed plans to offer advisers the chance to co-brand the platform, as well as expand the range of services customers can directly access on its platform, amid a fall in profits.

Skandia Investment Group (SIG) has overhauled the management of its offshore $363m Skandia Greater China Equity fund, handing the mandate from First State to institutional asset manager MIR Investment Management.