Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Standard Life Investments launches unconstrained GEM fund

Standard Life Investments launches unconstrained GEM fund

Standard Life Investments (SLI) has launched a concentrated global emerging markets (GEM) fund for investment director Ross Teverson.

The Global Emerging Markets Unconstrained Sicav will only hold 30-50 stocks, be benchmark agnostic and aim to minimise thematic risk by focusing on stock selection.

Teverson is SLI’s director for global emerging markets and does not run any other funds. He said the new offer would seek to tap companies with lower levels of debt across sectors.

‘Emerging markets offer a compelling investment case. A combination of lower indebtedness, supportive demographics and an emerging consumer class is positive for GEM equities and increased trade between emerging economies means emerging market growth is becoming more self-sustaining,’ he said in a statement. ‘Emerging markets are no longer just a geared play on developed markets.’

The launch marks a concerted push by SLI into emerging markets. Last week the firm launched an emerging market debt fund for new EMD head Richard House.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Play Dangerous daisy chains, Black Friday blues and Uber valuations

Dangerous daisy chains, Black Friday blues and Uber valuations

This week’s Investment Pulse looks at the domino effect in European banks, America’s disappointing Black Friday and how much Uber is really worth.

Play Baillie Gifford's Snell bullish on India's prospects following election

Baillie Gifford's Snell bullish on India's prospects following election

Citywire AA-rated manager is seeing good overall growth for the Asia reason but is wary of varying valuations.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter