Skandia Picks New Managers For Euro Fund

Skandia Investment Group has selected new managers for the European Best Ideas fund.

Skandia Investment Group has selected new managers for the European Best Ideas fund, Financial Times reports. The firm has handed over the responsibility of the £588.2 million portfolio to Cédric de Fonclare of Jupiter and Marc Renaud of Mandarine Gestion.

Earlier, the fund was managed by portfolio manager Lee Freeman-Shor. The appointments come after the removal of Tobias Klein of First Private from the fund’s line-up, which will bring the total number of mandated managers to 10.

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