Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. 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 Neil Gregson: gold is prettiest in ugly contest

Neil Gregson: gold is prettiest in ugly contest

The JP Morgan Natural Resource fund manager talks about the prospects for gold with plenty of uncertainty in the global economy.

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Gutteridge and Foster discuss UK commercial property with Jason Baggaley, manager of the Standard Life Property Income investment trust

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Gutteridge puts the heat on Odey's asset allocation maestro with a couple of tough questions.

Your Business: Cover Star Club

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Growing a business is the main aim of many company owners but managing that growth in a controlled way is just as important

Wealth Manager on Twitter