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Standard Life balanced funds impress.
From:
Financial News
| Date:
January 17, 2004
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COPYRIGHT 2004 Financial News Publishing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: Kaveri Niththyananthan
Standard Life Investments has shrugged off the troubles of its parent to produce some of the strongest UK balanced fund returns of last year. The fund management arm of Standard Life, Europe's largest mutually owned life insurer, produced a 7% return in the fourth quarter, taking its performance for the year to 18.8%, according to research by Financial News.The Edinburgh-based fund manager will use this to try to convince investment consultants that it can ride out the uncertainty surrounding the future of Standard Life.
Sandy Crombie, ...
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