News - Investment
Standard Life Investments’ European equity manager Iain Galloway has left the firm to pursue other opportunities.
Galloway has run the group's €47m European Equities Unconstrained fund, a Luxembourg domiciled SICAV, since it launched in 2008.
The fund will now be taken over by Stan Pearson, SLI's head of European equities.
Galloway has employed a high-conviction approach since launch, running a concentrated 30-stock portfolio which has outperformed the Equity - Europe ex UK sector since launch.
The fund has delivered 14.8% over three years, beating the peer group return of 4.5%, according to FE.
The manager joined the group as an analyst in 1997 and has managed European and pan-European equity portfolios since 2000.
Categories: Investment
Topics: Standard life
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