Skandia Investment Group (SIG) has awarded a £45 million U.S. mid-cap value mandate to Lapides Asset Management. Lapides’ Steve Wilson and Glenn Sussman have been appointed to handle the mandate, which is part of the firm’s Skandia Global Dynamic Equity Fund. The mandate was previously run by Epoch Investment Partners. The global fund is managed by Francois Zagame and has about £1 billion in assets under management.
Click here for the release from Skandia Investment Group.