Finance

Hat trick of awards for Standard Life Investments

Hat trick of awards for Standard Life Investments

09 March 2007

Leading fund manager, Standard Life Investments has picked up its third award of the year1 as the UK Smaller Companies Fund scooped the ‘Best Performing Smaller Companies Fund Award’ at the PLC Awards 2007. The fund qualified for the award based on its performance during the year to 31st December 2006 in which it returned over 43% to investors versus a sector average return of 24%2.

The awards dinner, which was attended by 1,500 guests including quoted companies, investment banks, fund managers, investment analysts and corporate advisors, took place last night (Thursday 8th March) at the Grosvenor House Hotel in London.

Jacqueline Kerr, Head of Mutual Fund Investments at Standard Life Investments, said:

“The PLC Awards specifically reward excellence in the smaller quoted company sector so this accolade is testimony to the hard work and commitment of our investment teams. Fund manager, Harry Nimmo, backed by his award-winning UK Smaller Companies team, has the ability to identify some of the UK’s most promising smaller companies – a skill that has rewarded investors with a consistent and robust performance.

“Simply put, the on-going performance of the fund has been outstanding. With a track record dating back to 1997, the fund has produced top decile performance over 1 and 6 months, 1, 2, 3 and 10 years3. Investors who invested in the fund 10 years ago now enjoy the benefits of a 353.66%3 return verses a sector average return of 194.14%2.

“In 2006, our UK Smaller Companies Fund won the ‘What Investment’ Unit Trust Manager of the Year Award based on consistent out-performance over a one-year period. In addition to this, the fund contributed to Standard Life Investments’ recent win of the ‘Best Overall Group Award in the ‘Equity Large’ category for performance over a three year period.

“At Standard Life Investments, we pride ourselves on the expertise of our talented teams and the high performance levels maintained on behalf of our investors. This fund provides us with a perfect case in point and I have every confidence that it will continue to be a proven winner.”

1Standard Life Investments won the ‘What Investment’ Unit Trust Manager of the Year Award for its UK Smaller Companies Fund – based on its consistent out-performance over the last year. The fund provided investors with a return of 45.4% versus a sector average return of 25.4% (Source: Trustnet over one year until 31st March 2006, bid-to-bid, net income reinvested.).
The UK Smaller Companies Fund also contributed to Standard Life Investments recent win at the Lipper Awards 2007 of the ‘Best Overall Group Award in the ‘UK Equity Large’ category judged on the consistently strong risk-adjusted performance of its funds relative to their peers over the three year period up to 31 st December 2006.
Standard Life Investments also won the Best Overall Group Award in the ‘Equity Large’ Lipper Award 2007 category.
2Standard & Poor’s Micropal, bid-bid, 31/12/05 – 31/12/06
3Source: Standard & Poors Micropal, bid-bid, for the period to 1st March 2007

To Top