Skandia adds Prism Capital funds to platform

Skandia Investment Solutions has added three multi-manager funds from Prism Capital management, the joint venture between IFA group Paradigm Partners and Octopus Investments.

The funds have built up assets of £68m since launch in March 2009 and are available on Skandia now.

They are the IFDs Prism Cautious Growth fund, IFDS Prism Advanced and IFDS Prism Capital Growth. (article continues below)

Anthony Morrow, a director at Prism, says: “Launched a little under 18 months ago, the three risk-rated, multi-manager funds have proved extremely popular with advisers and their clients.

“We are now looking to make the funds available to a wider range of advisers and Skandia gives us an excellent platform from which to do that.”