Royal Skandia unveils expansion plans with Asian managed fund

Royal Skandia has started the new year by expanding its offering both geographically and in terms of asset classes. The company has added a long/short hedge fund to its self-select range and has also launched a managed fund specifically for Asian investors. The Templeton Global Long Short fund, managed by Dale Winner, will have between 50 and 80 holdings and will be more long than short. Winner said: "The fund intends to take long positions in good-quality companies with improving fundamentals that are undervalued. It takes short positions in poor quality companies with deteriorating fu...