Standard Life SICAV range set for Netherlands

Standard Life Investments is to make its Luxembourg-domiciled SICAV fund range available to Dutch investors after receiving public distribution status from the Netherlands Authority for the Financial Markets (AGM).

Investors in The Netherlands will have access to the fund manager's European Corporate Bond Fund SICAV, European Smaller Companies Fund SICAV and other funds across the SICAV range.

Pat Woods, Standard Life's Investment Director for the Netherlands, said many Dutch advisers are looking for new and exciting brands to offer their clients.

"Over the last 12 months we have seen growing interest from what is a very vibrant wholesale market in the Netherlands. In particular, the European Corporate Bond SICAV has helped capture the imagination of key advisers, particularly with its impressive performance throughout 2008 and 2009."

He added advisors should "be left in no doubt about our growing commitment to this important European market." Last November, the European Corporate Bond Fund SICAV broke through the €1bn barrier in assets under management.

Launched in September 2007, the European Smaller Companies Fund SICAV is managed by Ken Nicholson. The fund consists of 40 to 60 ‘highest conviction' stock ideas. Despite challenging market conditions, the fund has produced top decile performance over one and two years and since its launch.

.