Skandia

Skandia Investment Group's chief executive Nils Bolmstrand is stepping down from his role a year after taking the reins from Jamie MacLeod.

Skandia Investment Group (SIG) is looking to launch a Sterling Bond fund into the UK retail market in January.

PLATFORMS

Skandia Investment Group (SIG) has cut an £8m mandate run by Gartmore's Ben Wallace from its £62m UK Strategic Best Ideas fund, pointing to "disappointing" returns.

Two thirds of fund managers expect the use of performance fees on equity portfolios to rise next year, according to research from Skandia Investment Group.

Skandia Investment Group's François Zagamé is keeping his conviction in Gartmore's Chris Palmer, retaining an £80m mandate with the manager within his £1bn Global Dynamic Equity fund.

Skandia has launched a multi-asset risk-targeted protection fund which will limit losses to 80% of the highest ever share price.

Skandia has a launched global emerging markets fund, completing its Signature range of single strategy mandates.

AGRICULTURE

Skandia is replacing Martin Currie's Tom Walker from its team of external managers running the Global Best Ideas fund in favour of a US manager used by Gartmore.