Australian investors will now be able to access Standard Life Investments' global equity capabilities with the launch of the Global Equity Unconstrained SICAV fund.
In an announcement yesterday, the UK-based global fund manager said the new fund mirrors its existing OEIC offering which was launched in January 2007.
Standard Life also said the launch of the SICAV fund was driven by demand from investors who requested access to its global equity unconstrained strategy.
“The [strategy] has delivered superior returns since inception, outperforming its global benchmark over one, three and five years,” a statement from Standard Life said.
“Over the last five years, the fund has returned 86.7 per cent compared to the benchmark return of 64.4 per cent,” it said.
Standard Life head of global equities Mikhail Zverev said global equities provide a diverse opportunity set for investors looking to generate high alpha in their equity allocations.
“We believe that this sheer breadth of stock selection opportunity, our high conviction approach, and the scale of analytical resource we have available at Standard Life Investments, places us in a prime position to produce strong returns for our clients,” Mr Zverev said.
Australia’s largest financial institutions have joined forces to develop key climate risk modelling standards. ...
New analysis shows the US will be dealing with the economic fallout of COVID-19 for at least a decade. ...
Liberal MP Tim Wilson has called for industry super fund-owned ME Bank and the financial regulators to appear for a parliamentary hearing, a...