Report

Standard Life UK Smaller Companies - Success from delivering ‘what it says on the tin’

Standard Life UK Smaller Companies Trust (SLS) has two managers, Harry Nimmo and Abby Glennie at abrdn (formerly Aberdeen Standard Investments); therefore, a succession plan is in place should Nimmo choose to retire. They are positive on the outlook for UK smaller-cap stocks, which is reflected in the trust’s higher level of debt compared with an ungeared position 12 months ago. The managers are encouraged by SLS’s very strong relative performance in recent months as investors have once again gravitated towards the quality, growth and momentum stocks that are favoured by its disciplined and repeatable investment process. This approach has proved successful over several market cycles; Nimmo and Glennie are essentially delivering ‘what it says on the tin’.
Underlying
Standard Life UK Small CosTst

Standard Life UK Smaller Companies Trust is an investment trust. Co.'s investment objective is to attain long-term capital growth by investment in U.K. quoted smaller companies.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Pedro Fonseca

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