Radar Alert: Perfect timing allows SLI's David Cumming to grow

Fund positioned to capitalise on ongoing recovery

David Cumming has recently celebrated the first anniversary of managing Standard Life Investments’ UK Equity Recovery fund. Launched on 6 March 2009, the fund is ranked third out of 306 vehicles in the IMA UK All Companies sector over 12 months, up 115% compared to a sector average increase of 59%, according to Morningstar. SLI UK Equity Recovery aims to achieve long-term capital growth by investing in UK equities. The fund is primarily invested in the shares of ‘recovery’ large and medium-sized companies listed on the UK stock market. Cumming is overweight financials and consumer ...