Standard Life launches GEM unconstrained Sicav

Standard Life Investments is launching a Global Emerging Markets Unconstrained Sicav under the management of Ross Teverson.

The fund is a concentrated portfolio of the GEM teams best ideas. The portfolio will aim to hold 30-50 stocks and will cover companies in both emerging and frontier markets

Teverson says: “Emerging markets offer a compelling investment case. A combination of lower indebtedness, supportive demographics and an emerging consumer class is positive for GEM equities and increased trade between emerging economies means emerging market growth is becoming more self-sustaining. Emerging markets are no longer just a geared play on developed markets.”