SKANDIA INVESTMENT HIRES OMNI CAPITAL

SKANDIA INVESTMENT HIRES OMNI CAPITAL

Skandia Investment Management Inc. (SIM), the U.S. portfolio management subsidiary of the Swedish insurance firm, has hired Omni Capital Corp. as its marketing representative.

Chief Executive Fred K. Ellis said SIM will take advantage of Omni's large marketing network."Omni was able to provide us with a specialist who had prior experience at marketing portfolio management to the P/C (property/casualty) insurance industry. And they have a generalist force that can carry our banner in the other institutional segments, particularly the pension market," he said.