The new Standard Life funds are UK equity income unconstrained accumulation and income and UK equity unconstrained accumulation.
The first fund is managed by Edward Legget, is a high conviction and invests in a concentrated basket of 40-60 stocks. The second is managed by Dominic Byrne and aims to achieve a high level of income with some capital growth over the longer term.
James Hay e-commerce and propositions manager Chris Smeaton says: “There has been increased demand amongst IFAs for ‘best ideas’ and ‘go anywhere’ funds over the past few years.
“These funds benefit both from this unconstrained approach and from Standard Life Investments’ highly regarded UK equities desk.”