After a year-long registration process, Skandia Global Funds has launched Hong Kong's first sub-advised range of fund, giving the retail market access to a 'best of breed' of investment talent often limited only to high-net worth individuals.
This is a fantastic time to bargain with fund managers, to access the capacity of the fund management industry, says Christian Thwaites, London-based CEO. There are far too many fund managers chasing a shrinking and disgruntled asset pool. Fund managers are desperate to broaden distribution and agree to manage products to a sub-advisor such as Skandia at low cost. As a result, a sub-advisor such as Skandia can provide a fund range with top-ranked managers...
