Family Office

Family Office Firm Puts Fund On Skandia Investment Platform

Tom Burroughes Editor London 26 January 2010

Family Office Firm Puts Fund On Skandia Investment Platform

The Iveagh Wealth Fund, which is managed by Iveagh Private Investment, the family office of the Guinness brewing dynasty, has been added to an investment platform run by Skandia.

The fund has also been added to Skandia’s life and pension fund range, Iveagh said in a statement.

The fund holds more than £200 million ($324 million) in assets under management. It replicates the asset allocation service that is used by the family office’s clients, targeting a return of at least 10 per cent year. The fund is structured as a UCITS III portfolio, co-managed by Cambiz Alikhani, John Ricciardi and Christopher Wyllie.

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