SIML launches property fund

Skandia Investment Management Limited has appointed the leading property specialists LaSalle Investment Management in an exclusive partnership to run a global property securities fund to be launched on October 3 2005.

The fund will be called Skandia Global Property Securities Fund.

This unique partnership brings a world-class global property manager to the UK retail market and provides an exciting investment solution in response to the increasing popularity of property as an asset class, and the recent accessibility of the global property market through global property securities.