Skandia offers 'building blocks'

Multi-manager Skandia Investment Management has added asset allocator funds to its international bond ranges. This will enable investors to gear the regional weightings in Skandia's multi-manager funds to suit the risk tolerance and local preferences of investors around the world. Skandia offers three managed multi-manager portfolios: aggressive, cautious and balanced. David Orr, head of marketing at Skandia, said it is now offering seven regional multi-manager funds so advisers can structure the asset allocation themselves. The fund managers in these portfolios will continue to be selec...