Investment - Articles - Standard Life Investments-Net Sales double for 2011


UK wholesale net sales more than double during first half of 2011

 Standard Life Investments, a leading investment house, today announced that its UK Wholesale business has witnessed net sales increase of 104% to a record £1,457m during the first six months of 2011 (H1 2010: £713m).
 This included recording the second highest net retail sales among all fund management groups in the UK during the second quarter of 2011.1 Gross sales over the first half of 2011 were £2,766m, an increase of 90% (H1 2010: £1,457m).

 The top five grossing funds during the first half of 2011 were the Global Absolute Return Strategies Fund (GARS), the UK Smaller Companies Fund, the Global Index Linked Bond Fund (GILB), the MyFolio Managed III Fund and the UK Equity Unconstrained Fund. The five top grossing funds for the same period last year were GARS, GILB, the UK Smaller Companies Fund, the UK Equity High Income Fund and the Select Property Fund.
  

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