Old Mutual saw profits climb in the first half, driven by cost cutting measures and the performance of its South African banking arm Nedbank, while Skandia saw its profits fall by nearly a third.
Skandia Investment Group (SIG) has swelled assets in its Strategic Bond fund after merging the Global Fixed Interest Blend and UK Fixed Interest Blend funds into the portfolio.
Skandia Investment Group (SIG) has handed mandates to Jupiter's Cédric de Fonclare and Mandarine Gestion's Marc Renaud in a shake-up of its €590m European Best Ideas fund.
Skandia International and Fairbairn Private Bank were among the major winners at the Professional Adviser International Fund & Product Awards 2011.
Skandia's François Zagamé has revamped the American mandate in his £1bn Global Dynamic Equity fund to give it a greater mid-cap focus.
Fund houses argue IMA decision to restructure Managed sectors fails investors
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.
Skandia Investment Group (SIG) has been given the green light from shareholders to revamp the group's equity income fund of funds and hand the portfolio to O'Shaughnessy Asset Management.
Back in 1994, amidst an ongoing fiscal crisis in Sweden and a ferocious bear market in government bonds, Christer Käck, at Skandia, was the biggest bond player in domestic Swedish bonds.