Aberdeen Standard Investments (ASI) has launched a new Fund, which seeks to harness the significant investment opportunities present within global mid-cap companies.
The Aberdeen Standard SICAV I - Global Mid-Cap Equity Fund will be managed by Anjli Shah and Harry Nimmo from the Smaller Companies equity team. Investing in dedicated mid-cap companies is well established in the US and the UK, but to date there are only a handful of global funds that focus exclusively on this part of the market. The new Fund will follow the same process as has been successfully applied by the team for over 20 years.
Mid-caps make up 15%* of all listed companies in each country and at an Index level, have significantly outperformed large cap peers over the long term. Mid-caps tend to be lower risk than small-caps, so may be attractive to investors who have concerns over small-cap risk and liquidity.
Harry Nimmo, Fund Manager, said: “This new fund is the natural extension of the smaller companies franchise. Relative to large caps, mid-caps are under researched, creating opportunities for active managers like ourselves. We believe this new fund is genuinely unique and offers something different for investors.”
Anjli Shah, Fund Manager, added: “Investing in mid-caps gives investors access to a diverse group of companies, many of which are industry leaders in niche market segments. Mid-caps offer many of the same attributes of fast-growing small-caps, but with less volatile returns. That’s why we think investors should consider an allocation to the asset class as part of their wider investment portfolio.”
*MSCI World Index, 2000-2020 31 March
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Notes to editors
- The Fund has initially been registered for sale in Luxembourg, Switzerland, Ireland and the United Kingdom
- The Fund’s Asset Management Charge (AMC) amounts to 0.75% per annum for institutional investors and 1.5% per annum for retail investors.
- The size of mid-cap stock varies by region. The weighted average market cap of the ASI model portfolio is around $9 billion
- The ASI Smaller Companies team is one of the largest and most experienced in the market. All members of the team will generate new mid-cap ideas from their respective regions.
- Responsible for the management of UK Small, UK Mid, Euro Small & Global Small - $7.9bn AUM as at 31 December 2019
- Aberdeen Standard Investments is a global asset manager dedicated to creating long-term value for our clients. With over 1,000 investment professionals, we manage £486.5 billion* of assets worldwide. We have clients in c.80 countries supported by over 40 offices globally. This ensures we are close to our clients and the markets in which we invest. (*as of 31 December 2019)
- We are high-conviction, long-term investors who believe teamwork and collaboration are the key to delivering repeatable, superior investment performance.
- Standard Life Aberdeen plc is headquartered in Scotland. It has around 1.2 million shareholders and is listed on the London Stock Exchange.
- You can access the Aberdeen Standard Investments media centre here:
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