Standard Life strengthens distribution links in Germany

Standard Life Investments, the global fund manager, has announced that its Luxembourg-domiciled SICAV fund range is now available to key intermediaries in Germany via Moventum's fund platform.

Only last month, Standard Life Investments announced that it had signed an agreement with MFEX Mutual Fund Exchange to distribute its SICAV fund range in Scandinavia.

Moventum is a leading business to business player in Germany, distributing funds primarily to intermediaries. It is part of a prominent banking network in Europe, with Banque de Luxembourg owning a key stake in its business.

Standard Life Investments' SICAV offering provides investors with access to 18 sub funds across a diverse range of geographies and sectors in both equities and bonds. The funds have public distribution status in Denmark, Finland, Germany, Ireland, Luxembourg, Norway, Sweden and the United Kingdom.

Standard Life Investments' SICAV fund range is already available via a number of leading distributors across Europe, including Aktia (Finland), dwpbank (Germany), Fidelity FundsNetworkTM (Germany), Merrant (Sweden), Metzler Fund Xchange (Germany) and Nordea (Nordic & Baltic Sea Region).

Toby Rockingham, European Business Development Manager - Strategic Alliances, Standard Life Investments, said: "We are very pleased to be working with Moventum, who will act as a key partner for us as we look to further widen our distribution channels in the German market. Whether investors are looking to exploit wide credit spreads through our European Corporate Bond Fund, offset concerns about inflation via our European Inflation Linked Fund or position themselves ahead of an economic recovery with, say, our China-Equity Fund, we believe our fund proposition can add real value to clients whatever the market conditions."