Standard Life Investments Announces Smaller Companies Appointment
04 August 2014
Standard Life Investments, the global investment manager, today announced the appointment of Andrew Paisley to its Smaller Companies team. Reporting to Harry Nimmo, Head of Smaller Companies, Andrew will be responsible for the management of Standard Life Investments European Smaller Companies Funds which includes the Standard Life Investments’ European Smaller Companies SICAV which invests across Europe including the UK.
Andrew joins the company as one of five Investment Directors in Standard Life Investments’ Smaller Companies team*. Andrew’s previous roles include five years (2006 to 2011) as Senior Investment Manager within the Kempen Capital Management Pan-European Smaller Companies Team, where he managed the Kempen Sense Fund NV. More recently he was Investment Director, UK Smaller Companies at Scottish Widows Investment Partnership. Andrew is also a qualified Chartered Accountant.
Harry Nimmo, Head of Smaller Companies, Standard Life Investments, said;
“We are delighted to welcome Andrew into the fold at Standard Life Investments and into the Smaller Companies team in particular. Andrew’s track record to date is impressive in terms of managing European and UK Smaller Companies equities. Annualised returns at each previous employer were consistently ahead of benchmark. With sixteen years of investment experience behind him, of which fourteen involve smaller companies equities, his input within our process, fund management and stock selection is likely to be prodigious.”
Commenting on his appointment, Andrew Paisley said;
“I am delighted to be joining the Smaller Companies team at Standard Life Investments. I have admired the work of Harry and the team over many years and look forward to working with them to help develop the franchise further and continue to deliver out-performance for clients.”
Standard Life Investments’ European Smaller Companies SICAV is top quartile over three, four and five years . The SICAV has returned 90.1% to investors versus its benchmark of 35.85% since its launch in September 2007.
* The teams’ experienced small-cap fund managers include Harry Nimmo, Alan Rowsell, Caspar Trenchard, Kirsty Desson and Andrew Paisley –collectively with a combined investment experience of over 80 years. The smaller companies’ desk is embedded in the broader UK and European equity teams with a fully aligned investment process and draws on the collective expertise of more than 60 investment professionals across the whole equities desk. The team has built a resilient and sustainable investment model which has delivered strong performance over the last 20 years.