The research team at Square Mile Consulting and Research has awarded new ‘A’ ratings to GAM Star Japan Leaders, Royal London Short Duration Gilts and Liontrust UK Growth in the latest monthly rebalance of its Academy of Funds.
Fund details to come
Stepped down in February
Average market cap of $9bn
Takes effect on 2 July 2018
Previously managed by Standard Life Aberdeen
Joined in 2015
Currently a 42% weighting
Working with veteran Harry Nimmo
Nimmo commits to another seven years on Standard Life UK Small-Cap trust; new discount policy introduced
Managed the trust for the last 12 years
Nimmo's trust top of sector over decade
Funds handed to Harry Nimmo
Bye, bye Mr Brown
Marlborough's Richard Hallett has pointed to retailers ASOS and Tesco, two of the worst performing UK-listed stocks this year, as potential turnaround stories.
The illiquidity and low volatility of micro-cap stocks has helped managers at the very bottom of the cap scale dodge the impact of this year's rotation into larger companies, buyers suggest.
Fewer than one in eight managers running both open- and closed-ended funds have outperformed in their open-ended portfolios, Investment Week analysis shows.
In smaller companies investing, there are few managers more high profile or successful than Standard Life Investments' Harry Nimmo.
Smaller companies fund favourite Moneysupermarket.com rose 16% in morning trading after announcing better-than-expected results.
Standard Life Investments's Harry Nimmo has pointed to three trends in 2014 that could continue a run of performance that has seen the manager return nearly 200% over five years.
Standard Life Investments has hired Kirsty Desson as an Asia Pacific analyst on Harry Nimmo's Global Smaller Companies fund.
Standard Life Investments' Harry Nimmo has stepped down from running the Scottish Widows HIFML UK Smaller Companies Alpha fund as the group moves the management in-house.
Small-cap star Harry Nimmo has revealed his investment trust took a hit from the sharp sell-off in online clothes retailer ASOS in the last six months of 2011.
Standard Life Investments' UK Smaller Companies fund, run by Harry Nimmo, is set for a boost as ASOS shares jumped 12% this morning after international sales grew 93% last year.
Standard Life Investments' Harry Nimmo is set to run a significantly overweight position in the UK when his Global Smaller Companies fund launches on 18 January.