Unconstrained Standard Life fund tops UK All Cos sector

Manager Wesley McCoy has built up an impressive track record on portfolio, focusing on changes at company level

Funds not driven by benchmark considerations often offer returns which outstrip both the market and their peer group. One such fund is Standard Life's UK Equity Unconstrained, which has outperformed all but one of its rivals in the UK All Companies sector over past 12 months. Managed by Wesley McCoy, the fund launched less than two years ago but has been quick to build up an impressive track record. It has seen growth of 43.3% bid-to-bid over the period, compared to a sector average of 21% according to Morningstar. The fund is as much a product of the process at Standard Life Investment...