SLI assets rise 45pc thanks to Ignis
SLI saw its AUM rise by 45% to £245.9bn on the year, with thanks to the acquisition of Ignis.
SLI saw its AUM rise by 45% to £245.9bn on the year, with thanks to the acquisition of Ignis.
Standard Life Investments (SLI) is to expand its European business, with two hires and a new Stockholm office.
The £20bn Standard Life GARS Fund and £2.7bn Ignis Absolute Return Global Bond Fund are two of the largest and sophisticated products in the retail space, but what is it that makes them work, who runs them, and in which market conditions will they perform best and worst?
Ignis posted an operating profit of £49m, a 14% hike on 2012 as Phoenix Group announces its divestment to Standard Life Investments.
Standard Life Investments spots £50m of cost savings through Ignis purchase but areas for job cuts are not yet identified.
With an estimated value of £400m on 12.5x earnings, will Ignis prove to be a bargain buy for Standard Life?
Standard Life has confirmed it is in exclusive discussions with Phoenix Group to table a bid for Ignis Asset Management.
In the wake of switching its SICAV range from Dublin to Luxembourg, Ignis is discontinuing two smaller funds.
Following India’s long period of tight monetary policy‚ this week saw a shock 25 basis point rise in the primary interest rate by the central bank in a move that suggests it might be ready to tackle its two main problems a bit more actively
As China slowly moves its main source of economic growth from exports to domestic consumption there are twin universes appearing of state-dominated sectors such as energy, telecom, and banking alongside more nimble service and consumer sectors.
Ignis has strengthened its UK equity offering, reuniting the team's head Graham Ashby with portfolio manager Mira Bhogaita.
Ignis has revealed details of a global absolute return government bond fund aimed at sophisticated and institutional investors, which will be launched later in the year.