Wealth Manager - the site for professional investment managers

Register to get unlimited access to 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
Brewin's Gutteridge: Yuan direction

Brewin's Gutteridge: Yuan direction

This week Brewin Dolphin's research head chats to Fidelity Asian Investment Directors Jenny Lee and Gary Monaghan about the big changes in China.

Play On the Road Challenge: horsing around on the polo pitch

On the Road Challenge: horsing around on the polo pitch

Libby Ashby takes to the polo pitch with Stuart Leigh-Davies from Redmayne-Bentley for an 'On the Road' challenge.

Brewin's Gutteridge: where Miton's Godber sees value

Brewin's Gutteridge: where Miton's Godber sees value

This week Brewin Dolphin's research head talks to George Godber, co-lead fund manager of the Miton UK Value Opportunities fund, about value investing.

Your Business: Cover Star Club

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Rathbones’ Glasgow office has only been open for three months but the team, led by Angus Kerr, has already attracted new clients

Wealth Manager on Twitter