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Niznik set for Standard fund spanning small firms to mid caps

Standard Life Investments is launching a fund in November that will invest in FTSE 250 and UK smaller-cap companies under the stewardship of former Invesco Perpetual manager Mark Niznik.

The fund, which will be the first to be managed by investment director Niznik following his move to Standard in April, will invest in companies from the top end of the FTSE 250 scale to those with a market capitalisation as low as £10m.

The balance between smaller and mid-cap companies will initially be around 50-60 per cent but will depend on the relative merits of each sector at any given time to allow Niznik as much investment freedom as possible.

The fund will be comprised of around 80 stocks at launch but can rise to around 120. It will be aimed at investors who already own a core UK equity fund and is likely to slot into the UK all companies sector.

Investment director (mutual funds) Jacqueline Kerr says: “With our good reputation for UK equities and Mark&#39s excellent pedigree – as well as the market recovery we expect to see by the end of the year – we believe the fund will prove a success.”

Chelsea Financial managing director Darius McDermott says: “Standard is well thought of and has a good track record in smaller companies. Mark Niznik is a decent manager and the fund looks fairly promising.”


Two equity funds mark DAM rebranding

Deutsche Asset Management is setting up two aggressive equity funds, each investing in only 25 stocks, to mark its rebranding as DWS Investments. DWS UK opportunities and DWS European opportunities are the first two funds to be offered in the UK under the DWS brand, which translates fully as the investment specialist in German. The […]

Honey, the kids shrunk my income

Continuing the theme of future financial provision for children, it has to be said that very few of us are likely to have sufficient liquidity to meet significant expenditure needs such as the cost of further education or the cost of a deposit for a home or assistance with its purchase. Much has been written […]

Genesis adding self-cert deals

Genesis Home Loans is introducing three new mortgages to its Gemstones adverse-credit range. Aquamarine is a full-status mortgage for purchase or remortgaging for borrowers with poor credit history. Maximum loan is £150,000 up to a maximum of 95 per cent loan to value. It offers a 1.25 per cent discount, giving a rate of 6.99 […]

Healthsure plans for the future

Healthsure has introduced a healthcare cashplan, futures, aimed at the corporate market as part of employee benefits packages.Futures offers cash towards one health screen within every 24 month period, plus cash for GP or specialist consultations, X-rays, scans, eye tests and a helpline for stress counselling, legal queries and domestic problems.The plan has two levels […]

Can UK companies satisfy global appetites?

By Mark Martin, Manager of Neptune UK Mid Cap Fund

Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.


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