Skandia UK creates new investment solutions team
Skandia in the UK, part of Old Mutual Wealth, has created a team to develop new investment solutions for UK and international business.
James Millard (pictured) will lead the team as director of investments, initially steering development of a new fund range called Select for launch in the UK market in 2013.
The team will also be responsible for investment oversight of the external fund ranges on Skandia’s platforms, and will also manage the commercial aspects of those relationships with fund group partners.
Skandia’s existing Investment Marketing team, headed by Graham Bentley, responsible for the promotion of Skandia’s investment propositions, will continue to lead sales and marketing activities with Skandia’s fund group partners globally.
James Millard, was previously director of investments at Old Mutual Global Investors (OMGI), which is also part of Old Mutual Wealth along with the Skandia businesses. Prior to that he was chief investment officer at Skandia Investment Group which was merged with Old Mutual Asset Managers (UK) to create OMGI, where he led the team behind its range of multi-manager solutions. He will take up his new role on 1 January 2013 and will report to Hylton Donnelly, commercial director of Skandia.