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Standard Life investment funds perform

04 May 2006
Over three-quarters of Standard Life's pooled investment funds either outperformed or kept pace with the industry median over the last twelve months.

According to figures from institutional investment information provider Russell/Mellon, 18 of the 23 funds available either matched respective peer group averages, or exceeded them.

The survey singled out the Institutional UK Equity Select fund, which provided 33 per cent returns and ranked eighth of 95. Two of Standard Life's other flagship funds were also cited.

The Corporate Managed fund – the largest in its peer group and valued at £1.5 billion – is ranked in the top quartile over ten, five, three and one year periods, as is the largest actively managed UK Equity scheme, Standard Life's £3.6 billion fund.

Head of UK Institutional Business at Standard Life Investments, George Walker, commented: "At the start of 2006, investor confidence and structural issues such as accounting and pension fund rules have been key drivers of financial markets.

"Against this backdrop we have continued to produce strong performance across the major asset classes.

"Particularly pleasing has been the continued improvement from Overseas, Global and European Equity — not to mention consistency across our bond funds," he added.

At the beginning of this month, Standard Life celebrated the 20th anniversary of two of its UK Equity mutual funds, the UK High Equity Income and UK Equity Growth funds, both popular with customers.

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