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.
Your Business: Cover Star Club

Profile: James Hambro & Partners looks back from its fifth birthday

Profile: James Hambro & Partners looks back from its fifth birthday

James Hambro & Partners, the latest addition to a cottage industry of businesses trading beneath one of the grandest names in UK finance, has reached its fifth birthday.

Wealth Manager on Twitter