Standard Life

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.

THE EURO

ON UK INCOME

Standard Life Investments'(SLI) third party net flows were £3.5bn for the first nine months of 2011 as sales into funds including the GARS range remained buoyant.

Standard Life Investments' European equity manager Iain Galloway has left the firm to pursue other opportunities.

More than 150 UK domiciled funds - equivalent to 12% of the total universe of funds today - have raised annual management fees over the past decade, a new Lipper study has revealed.

Standard Life's Karen Robertson and M&G's Aled Smith have both entered Chelsea Financial Services' infamous 'Relegation Zone'.

BlackRock's Evy Hambro, manager of the £2.8bn Gold & General fund, said gold should be trading about 30% above its current record high, taking inflation into account.

Standard Life Investments saw its third party net inflows fall by 40% in the first half following the transfer of its money market funds, although group-wide AUM edged up.

Standard Life Investments is set to increase its annual management charges across seven retail offerings including Harry Nimmo's £1.2bn UK Smaller Companies fund.