Skandia International opens wealth unit in Singapore
Royal Skandia, a division of Skandia International, has opened a branch in Singapore, according to a report in Money Marketing.
The company will market to local high net worth individuals its executive investment bond - an offshore investment product tailored to the Singapore market which provides access to a wide range of collective investment funds, stocks and shares within one portfolio.
The product targets investors with an annual income of S$300,000 (€93,444) or net personal assets of at least S$m.