Skandia enhances offering with L&G tracker funds
by Gill Montia
Story link: Skandia enhances offering with L&G tracker funds
Skandia has announced that it has increased its passively-managed fund offering, by introducing eight Legal & General (L&G) index trackers to its Selestia Investment Solutions platform.
The pensions and savings group says many investors are re-aligning their appetite for risk and that passively managed funds can be a useful alternative to UK Equity funds.
Responding to demand from financial advisers, the group has added the following: L&G UK 100 Index Trust; L&G International Index Trust; L&G Ethical Trust; L&G European Index Trust; L&G UK Index Trust; L&G All Stocks Gilt Index Trust; L&G All Stocks Index Linked Gilt Index Trust.
Skandia has also introduced L&G Fixed Interest to both its Life & Pensions fund range as well as its Selestia platform.
Graham Bentley, head of investment marketing at Skandia, comments: “While many advisers and investors will continue to use active managed funds, Skandia continues to add to its range in response to adviser demand and investor sentiment. Whatever your approach to investing, active or otherwise, access to passive funds is clearly an important option.”