Skandia is the sole exclusive Title Sponsor to Skandia Team GBR, the british sailing team in the Olympic and Paralympic Classes.
Skandia in the UK launched in 1979 and is now one of the leading international long term savings groups providing pensions, investment and protection products through intermediaries in the UK and overseas, with funds under management of £34.9bn (as at 31.12.08).
Creators of the MultiManager approach, Skandia has teamed up with the world's top fund managers to create a range of funds tailored for investors' individual needs.
Skandia UK is a division of the Skandia Group, itself owned by Old Mutual plc. Old Mutual plc is an international savings and wealth management company based in the UK.
Originating in South Africa in 1845, the group has a balanced portfolio of businesses offering asset management, life assurance, banking and general insurance services in over 40 countries, primarily South Africa, Europe and the United States.
Old Mutual is listed on the London, Johannesburg and Stockholm stock exchanges, among others. As at 31.12.08 had £264.8 billion of funds under management and approximiately 50,000 employees worldwide.
Skandia is well known for it's long term support of sailing, most notably through Skandia Cowes Week the world s oldest and largest sailing regatta which it sponsored from 1995 to 2008.
Sponsorship of Skandia Team GBR demonstrates our on-going commitment to the sport, which also included our support for the Star sailing team of Iain Percy and Andrew Simpson, in their campaign to win gold in Beijing 2008 and beyond.
Skandia Team GBR is highly successful in bringing together the best of the best sailors across the range of Olympic sailing classes managed by a team of experts, to achieve medal-winning performance.
At Skandia, our success is based on bringing together the best of the best fund managers across a range of sectors managed by a team of experts, to achieve market-leading performance for our pension and investment customers so the partnership is an ideal match.