Skandia Investment Group’s Global Dynamic Equity Fund breaks £1bn barrier

The Skandia Global Dynamic Equity Fund (GDE), the flagship multi-manager equity fund run by Skandia Investment Group (SIG), hit the £1bn barrier following record interest from advisers and their clients.
Managed by François Zagamé, the fund provides access to a diversified portfolio of high-quality investment managers, each running a specialist regional or country-specific mandate. Carefully selected, and continually monitored, the managers are blended to provide a cost-effective solution for investors seeking diversified global equity exposure.
Launched in March 2009, the fund has returned 57.23%* since inception as at October 22 compared to a return of 41.72% for its peer group, the IMA Global Growth sector, over the same period, putting the fund in the top quartile. Over the last 12 months, the fund has returned 15.1% whereas the peer group has returned 11.26%.
To further enhance performance, SIG has additionally utilised thematic plays alongside the equity mandates, adding the JPM Global Financials Fund and the DWS Global Agribusiness Fund in February and July respectively this year.
Commenting, Zagamé said:
“To have reached the £1bn mark is a huge achievement for the business, especially when supported by the sorts of returns we have been able to deliver for investors.
“The key to the fund’s success has been our ability to access the very best fund managers from around the world in a way that delivers the best diversified global equity exposure for our clients. The fund’s ability to implement tactical allocation decisions has also been a contributor to the performance.”
James Millard, SIG Chief Investment Officer, said:
“We have robust portfolio management and investment research processes in place to ensure that we blend the very best managers for our funds and this is clearly reflected in the performance of our GDE fund. The additions we made earlier in the year have enhanced the fund and enabled it to reach the £1bn barrier in less than two years.”