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Skandia adds emerging markets fund to range

The Credit Suisse European Frontiers Fund will be available from Skandia's life, pension and fund supermarket platforms from May 26, 2006, the Swiss firm has said in a statement.

The Credit Suisse European Frontiers Fund invests in companies that are domiciled in emerging Europe or whose primary purpose is to invest in such companies.

Equity investors continue to recognize the opportunity of emerging markets and their growing inclusion in the global economy, the Swiss investment house says. With this long term theme firmly in place, Credit Suisse expects emerging European markets to continue their strong performance albeit with some periods of volatility.

Richard Vincent, fund range marketing manager at Skandia, said: We’re committed to providing access to funds that advisers and their clients want and we’ve seen a huge amount of demand for this fund. Our life and pension fund ranges are among the widest in the industry and we’re delighted to be able to include this fund – and broaden our choice for advisers further still.