This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM+Cover+small+181214

Standard aims for small firms

  • Print
  • Comment

Standard Life Investments has launched a global smaller companies fund for head of smaller companies Harry Nimmo.

The fund focuses on capital growth and is co-managed by smaller companies investment director Alan Rowsell. The portfolio will comprise 40 to 80 holdings and is benchmarked against the MSCI All Country World Small Cap index.

Fifty per cent is invested in the US, 25 per cent in the UK and Europe and 25 per cent in the rest of the world.

Nimmo says: “In the short term, the shadow of the euro hangs over all asset classes and markets but the recent period of weakness is beginning to turn up high quality, growth businesses at really quite modest valuations.”

Minimum investment is £500, initial charge is 4 per cent and annual charge is 1.7 per cent.

Hargreaves Lansdown senior analyst Meera Patel says: “Small caps have had a tough time and valuations have gone down but fundamentals have not changed. They are cheaper and so the growth prospects are bigger.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

AXA Wealth


Fund Data

Editor's Pick



Poll

Will providers be forced to pay out compensation over annuity misselling?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments