Standard Life unveils global smaller companies fund

AmbitionStandard Life Investments is to launch a Global Smaller Companies Fund to be managed by Harry Nimmo, the head of smaller companies, and Alan Rohwsell, the investment director of the same team.

Rohwsell recently joined the team, having spent five years working as a US equity portfolio manager in the group's Boston office.

Covering North America, Europe, the UK, Asia, Japan and emerging markets, the duo seeks to capture the potentially substantial rewards offered by smaller company investing.

It will select between 40 and 80 stocks for the portfolio and aim to grow capital over the longer term.

The fund will sit in the Investment Management Association's Global ector and will be benchmarked against the MSCI All Country World Small Cap Index.

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