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Wesley McCoy, the lead manager of the SLI UK Equity Unconstrained Fund has just announced his resignation. He is expected to leave the firm in a few weeks in order to pursue charity work.
Under his tenure, the fund delivered excellent returns
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Some fund manager moves can cause uncertainty, but in this case we feel Standard Life has a very strong UK equity arm with a proven and repeatable process across their UK funds. They also have high calibre individuals in place and we believe this change should not be detrimental to the fund’s long term prospects.
» Key Features of the SLI UK Equity Unconstrained Fund
Fund research is provided by Hargreaves Lansdown. Hargreaves Lansdown is an independent broker offering unit trust, stockbroking and other pension and investment services. No news or research item is a personal recommendation to deal.