Five Oceans Asset Management’s high-conviction portfolio, ability to use derivatives and hedge strategies to manage risk, and the incorporation of environmental, social and corporate governance factors in its research are the key reasons that attracted SIG to the firm.
“Five Oceans Asset Management are an experienced firm who deliver outperformance beyond the broader markets by having an absolute return mindset,” SIG head of investment research and portfolio manager Adam Smears said.
“We’re excited about taking over the management of the Skandia Global Equity Fund and to be broadening the distribution of our investment strategies internationally,” Five Oceans chief executive Ross Youngman said.
The mandate was previously run by JP Morgan Asset Management.
