Risk aversion the key for Nimmo outperformance

FUND MANAGER FOCUS

SLI fund manager believes risk-averse strategy explains consistently top-quartile performance on UK Smaller Companies portfolio

Harry Nimmo believes his risk-averse strategy explains why the Standard Life Investments UK Smaller Companies fund has achieved consistent top-quartile returns since its launch in 1997. It is the top performer out of 46 vehicles in the IMA UK Smaller Companies sector over five years to 10 May, up 86% compared to an average sector increase of 25%, according to Morningstar. Over three years it is ranked 4 out of 54 funds, down 8.3% compared to a sector decline of 22.4%. Over one year the fund is up 33.5%. What is your investment strategy? It has not changed in the 13 years since we ...