Aberdeen Standard Investments (ASI) has launched three equity and five fixed income index tracker funds on Standard Life’s Wrap and Elevate platforms.
Investing in passive funds has grown in popularity as a low-cost, diverse and reliable means of mirroring the performance of a specific index. The Funds are managed by the 30-strong Quantitative Investment Strategies (QIS) team, which manages over £81 billion of assets.
Sean Phayre, Global Head of Quantitative Investing commented
“We have an extensive range of index tracker funds designed to meet a variety of client objectives. We are increasingly experiencing client demand to make use of the latest advances in passive and wider quantitative investing. Both areas play key roles in efficient portfolio construction and risk management.”
The new fund share classes are exclusively available on the Standard Life Wrap and Elevate platforms.
David Tiller, Head of UK Propositions said
“Since taking the lead in platform unbundling and ‘superclean’, Standard Life has a track record of actively negotiating with investment managers to secure greater fund choice for advisers using Wrap and Elevate. Today, more advisers are looking for flexibility to make the right active decisions while ‘cost balancing’ their portfolios using an Index Fund allocation. Being able to secure favourable terms for Index Funds means advisers and discretionary managers have more freedom to allocate to the best opportunities for their clients.”
The QIS team weight the Funds according to the market capitalisation of each company or outstanding debt of each company or country in the benchmark index. The process used is scalable, repeatable and risk-controlled.
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Notes to editors
|Funds launched||Index Tracked||AMC|
|European Equity Tracker Fund||MSCI Europe ex-UK||0.03%|
|US Equity Tracker Fund||S&P 500||0.03%|
|Japan Equity Tracker Fund||MSCI Japan||0.05%|
|Short Dated Global Corporate Bond Tracker Fund (GBP hedged)||Bloomberg Barclays Global Aggregate Corporate, 1-5 yrs Total Return Index (GBP Hedged)||0.07%|
|Short Dated Sterling Corporate Bond Tracker Fund||Markit iBoxx GBP Non-Gilts 1-5yrs Total Return Index||0.03%|
|Global Index-Linked Bond Tracker Fund (GBP hedged)||Bloomberg Barclays World Government Inflation-Linked, Bond All Maturities Total Return Index (GBP Hedged)||0.07%|
|Short Dated Global Index-Linked Bond Tracker Fund (GBP hedged)||Bloomberg Barclays World Government Inflation-Linked, Bonds 1-10yrs index||0.07%|
|Emerging Market Local Currency Bond Tracker Fund||JP Morgan GBI-EM Global Diversified Index||0.10%|
- Aberdeen Standard Investments is a leading global asset manager dedicated to creating long-term value for our clients, and is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments. With over 1,000 investment professionals, we manage £505.1 billion of assets worldwide. We have clients in 80 countries supported by 50 relationship offices. This ensures we are close to our clients and the markets in which we invest. (*as of 31 December 2018)
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