Nimmo Focuses on Buy-and-Hold

Avoiding profit-taking, and retaining ‘winners’ for several years, are the reasons behind Harry Nimmo's investment success

Investment Week 4 October, 2012 | 8:00AM

Standard Life Investments’ fund manager, Harry Nimmo, says his buy-and-hold philosophy is the secret behind delivering top-quartile returns over the past two decades.

Nimmo was crowned Outstanding Investor at last month's Morningstar OBSR awards, and that is when he revealed his personal secrets to success.

Nimmo manages the top-performing, Gold-rated Standard Life UK Smaller Companies fund and the Gold-rated Standard Life UK Smaller Companies Trust (SLS). He says one of the key drivers behind his investment performance has been his reluctance to take profits, instead choosing to retain ‘winners’ for several years.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
ASI Global Smaller Companies R Acc195.44 GBP1.48
ASI UK Smaller Companies R Acc1,027.14 GBP1.20
ASOS PLC5,360.00 GBP0.00
Flutter Entertainment PLC176.70 EUR0.00
Hargreaves Lansdown PLC1,667.00 GBP0.00 Group PLC269.00 GBP0.00
Standard Life UK Smaller Co. Ord640.06 GBP0.96
Ted Baker PLC127.90 GBP0.00
Telecom Plus PLC1,288.00 GBP0.00

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Investment Week  provides news and analysis on investments, equities, and the UK fund management market. It is published by Incisive Media.

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