SLI registers ten of sub-funds

Standard Life Investments (SLI), one of the foremost asset managers in the sphere of Europe, has adopted a number of steps to capitalize on the changing market scenario (surging after a long brunt of worldwide recession) and it, as per latest info, has registered ten of the sub-funds from its Sicav range for sale in Spain for the first time. The offering, it has been found, has just received clearance from Spanish regulator CNMV and does include firm’s China, free European equity, European smaller companies, global REIT, inflation linked bond, and corporate bond funds.

It is to be noted that vehicles focused on global bonds, high yield bonds and global equities are also among the range becoming available to Spanish investors, even if eight of the 18 funds in the Sicav are not included.

Speaking on the launch, William Pawson, SLI’s head of southern Europe, “Although we’ve chosen to register only 10 out of the 18 sub-funds in our SICAV range, I believe this focused approach should ensure that we introduce only those funds we feel are suitable for the Spanish market.” According to him, the firm’s fixed income offerings, above all the inflation-linked products, may be of special appeal to Spanish investors.

He also said, “We’re serious about expanding in the Iberian region and I believe our entry into the market comes at an opportune time for Spanish investors.”

“Both institutional and retail investors in Spain will also now have a tax efficient and transparent means of accessing our fixed income, equity and real estate offerings. Given where we are in the investment cycle, our European Corporate Bond Fund and Global Inflation-Linked Fund should be of particular interest. With credit spreads at current levels, corporate bonds remain attractive both in income and value terms. In addition, as the economic recovery gathers pace, many investors are anxious about the future path of inflation. Now may be a good time for investors to protect their portfolios against inflation.”