Skandia diversifies adding Invesco funds
Dubai, July 11, 2009
Skandia International, an international and offshore and investment solutions provider, has diversified the choices for investors by adding five funds of Invesco, a leading investment management company, to its fund portfolio.
The five funds listed below from Invesco are being launched as part of Skandia International’s continuing development across its fund ranges.
• Invesco Asia Balanced
• Invesco PRC Equity
• Invesceo Asia Consumer Demand
• Invesco Asia Infrastructure
• Invesco Emerging Local Currency Debt
Four of the five launches bring a more eclectic mix of investment options for advisers and their clients.
"While Asia certainly felt the tremors of the global financial crisis and saw sharp declines in export demand from the West, we are increasingly optimistic that the long-term growth prospects for the region have not been derailed,” explained Nick Tolchard, managing director of Invesco’s International Development division.
“Consumer spending and infrastructure expenditure are expected to support further gains in Asian equities, particularly within China."
The Invesco funds kick off the project with a focus on Asia Pacific.
Over the coming months Skandia International will continue to broaden its investment proposition, in line with demand from its markets, in a bid to bulk up offerings from around the globe.
Steve Ellis, head of investment proposition at Skandia International said: “It’s important to offer funds that are relevant to investors and advisers around the globe.”
“We’re committed to ensuring that the funds we offer cover a diverse range of countries, markets and asset classes and these five Invesco funds add a new dimension to our proposition,” Ellis added. – TradeArabia News Service