The fund, which is structured as a sub-fund forming part of Standard Life Investments’s (SLI) Luxembourg-domiciled Societe d’Investissement a Capital Variable (SICAV) range, will be invested in a diversified portfolio of European smaller companies. It will be available to both European institutional and retail investors with immediate effect.
The fund will aim to provide capital growth over the medium to longer term and will consist of 40 to 60 ‘highest conviction’ stock ideas, after quantitatively and qualitatively screening the 1,350 stock universe.
Phil Barker, head of European business development at SLI, said: The European smaller companies sector is a vast but largely under-researched investment territory, which we believe provides an opportunity to uncover exciting investment prospects and ultimately greater rewards for our investors.
We are now offering investors the chance to take advantage of this insight through our new European smaller companies fund. The fund will combine our award-winning and proven expertise in smaller companies with our proven capability in European equities.
