Standard Life Investments is to launch a series of global sector retail funds scheduled for the star...
Standard Life Investments is to launch a series of global sector retail funds scheduled for the start of 2001, writes Ruth Alexander. This follows the arrival of Pauline McPherson, previously of Scottish Equitable, last week. She has been given the new role of investment director of global equities and will be in charge of global sector and stock picking portfolios. The group's definition of a global sector is one that constitutes 10% of the MSCI World Index and is not dominated by a single company. This leaves it with five key sectors, telecoms, financials, technology, resources and phar...
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