Robust performance continues at Standard Life Investments

Standard Life Investments, a leading investment house, saw 78% of its pooled pension funds outperform their respective peer groups over the last twelve months to 31st March 2007, according to new Russell/Mellon figures.

Seven out of 23 funds produced top decile performance over the last twelve months. 12 of the 23 funds produced top quartile performance with a total 18 funds beating the median over the same period. This includes the £1.4bn flagship Corporate Managed Fund, the second largest fund of its kind, which is ranked top quartile over one and three years.

During the first quarter of 2007, 14 out of 23 funds produced top quartile performance with seven of these funds being top decile. The detail of the survey shows:

10 of the 11 equity funds outperformed their respective peer group over the last 12 months

4 of the 8 bond funds outperformed their respective medians over the last 12 months

The £1.7bn Corporate Bond Fund has produced top decile performance over 3 years and has been top quartile over 3 and 12 months and 5 years.

The £3.9bn UK Equity Fund, the largest actively managed fund of its kind, has been top quartile over five and 10 years.

The Institutional UK Equity Select Fund was ranked 2 out of 59 funds over the last 7 years, having returned 11.7% per annum during the period. It has consistently outperformed its peer group since launch and has been top quartile over three and 12 months and top decile over three and five years.

The UK Equity Unconstrained Fund came 1st out of 118 funds over 12 months.

David Leiper, Global Head of Consultant Relationships, at Standard Life Investments, said: “Russell Mellon provides a credible and consistent benchmark upon which we can measure the progress of our pooled pension fund performance and so to witness yet another quarter in which we are consistently out performing our peers across such a wide range of asset classes, is extremely rewarding for the team at Standard Life Investments.”