Skandia Investment Management, the fund management arm of the Skandia Group, has appointed Lazard Asset Management to run a £200m (€291m) UK equity mandate for its multi-manager business.

Skandia adds Lazard's Omega fund, a concentrated portfolio of UK stocks, to a value mandate with Swiss manager UBS, a growth mandate with Gartmore and a momentum fund run by Martin Currie.

Hugh Wheelan

Lazard

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Lazard picks up £200m Skandia mandate

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