Sub-advisory funds prosper in hard times

Skandia finds attracting best of breed easier when traditional fund managers are suffering.

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...

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