Skandia Investment Group adds UCITS absolute return funds to a number of its portfolios
Skandia Investment Group has added the Liontrust Credit Absolute Return Fund to a number of its leading portfolios in a tactical investment worth £19 million from a number of its multi-manager portfolios.
The Liontrust Credit Absolute Return Fund, managed by Simon Thorp and James Sclater, is a UCITS III absolute return fund focused on credit opportunities across Europe. The fund invests in both long and short opportunities and focuses on the most liquid parts of the credit markets.
It is a recently launched onshore version of the long-running Liontrust Credit offshore hedge fund strategy, which has been managed since