Skandia Will Open Ten Funds in Ireland
September 25, 2000
Skandia Savings and Life Assurance Company of Stockholm has opened ten new funds in its own variable capital investment company, Multi-Link Global Funds plc of Dublin, Ireland, according to Skandia. The funds will be managed by external investment advisers.
Multi-Link Global Funds will start out with $1.1 billion in assets under management. Various Skandia companies in Europe, South America and Asia will be able to offer the new funds, according to Skandia.