Standard Life Investments adds to global equity capability
Standard Life Investments, the global fund manager, has enhanced its ability to deliver global equity portfolio management with the appointment of Steve Weeple as Managing Director, Global Equities (USA).
Standard Life investments has a strong track record in managing equities across a range of North American and International equity markets. It manages over $68bn of equities around the world (as at 30.09.09). Its flagship Global Equities strategy has outperformed the MSCI World Index over one, three and five years.
Steve is currently head of Standard Life Investments' US Equities team and manages a range of North American Equity portfolios, as well as being a specialist analyst on the financial and utility sectors. He also has wide international experience in managing European and Emerging Markets Equities.
Steve will continue to be based in Boston and will report to Lance Phillips, Head of Global Equities. In his new role Steve will be responsible for managing several Global Equities portfolios and will be an integral part of the Global Equities team based in Edinburgh.
From within the existing US Equity team Jeff Morris will take over as Head of US Equities, where he will continue to report to Steve Weeple. Jeff is a seasoned portfolio manager, with some 18 years US Equities experience, and is also an analyst for the financial services and aerospace industries.
Lance Phillips, Head of Global Equities, Standard Life Investments, said: "We are focused upon developing our presence within the Global Equities marketplace and Steve's appointment demonstrates our commitment to the North American market. He will work closely with our existing Global Equities team in Edinburgh to deliver portfolio management solutions for potential clients within North America. In addition, Robert McKillop, Head of EAFE Equities within our Edinburgh team has met a number of US Consultants and institutions over the last 18 months and alongside Steve will continue to focus upon our US presence."
Steve Weeple, Managing Director, Global Equities (USA), Standard Life Investments said: "This new position will enable me to apply my portfolio management skills to our Global Equities strategies and provide overall strategic leadership within Standard Life Investments' US operations. We have strong equity teams within our Edinburgh, Boston and Montreal offices and I look forward to leveraging our powerful idea generation within global equity portfolios on behalf of North American investors."