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Product category: Savings and investment
News Release from: Standard Life Investments | Subject: Equity portfolio
Edited by the Insidemoneytalk Editorial Team on 10 December 2007

Standard Life Investments wins
£120m Taylor Wimpey Mandate

Leading fund manager, Standard Life Investments today announced its appointment by Taylor Wimpey, the UK house builder, to manage a segregated UK Equity portfolio valued at over £120m.

Euan Stirling, Investment Director, UK Equities at Standard Life Investments will manage the portfolio which will aim to outperform the FTSE All Share Index by 2% pa The appointment follows a comprehensive tendering and evaluation process which began in August 2006, involving a number of investment houses

During the appointment process, Taylor Wimpey was advised by global provider of consulting, outsourcing and investment services, Mercer.

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