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Old Mutual selects Euromoney Indices to benchmark Europe (ex UK) Smaller Companies Fund


Euromoney Indices (EI) has been selected by Old Mutual Global Investors as benchmark provider for the Old Mutual Europe (ex UK) Smaller Companies fund.

The fund will use the Euromoney Smaller Europe (ex UK) Index, a sub-index of the Euromoney Smaller European Companies index series. The sub-index currently has 1035 constituents, made up of small and mid cap companies. The index has the highest country weighting to Germany (14.11%)*, and financials are the highest sector weighting (21.75%)*.
The Old Mutual Europe (ex UK) Smaller Companies fund, launched in November 2014 and managed by Ian Ormiston, is domiciled in Dublin and currently has over EUR44.4 million in assets under management. 
Sui Chung, Managing Director of Euromoney Indices, says: “Euromoney Indices has a longstanding track record in smaller company indices and this appointment illustrates the demand for access to the growth opportunities available within this market cap range. This fund has seen impressive growth in assets since launch as investors look for interesting ways to access the European equity sector.”

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