Standard Life Aberdeen confirms creation of £11bn investment giant
The formation of investment giant Standard Life Aberdeen has been finalised, the company confirmed early Monday morning.
Standard Life
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Stan Life/Aberdeen announces investment committee line-up
Standard Life and Aberdeen Asset Management have announced that Rod Paris, CIO for the combined group, will chair the newly merged group’s Investment Management Committee (IMC).
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Shareholders sign off on Standard Life/Aberdeen mega-merger
Aberdeen Asset Management and Standard Life shareholders have emphatically approved the firms’ merger, paving the way for one of the biggest ever deals in the sector.
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Watchdog scrutinises Standard Life/Aberdeen deal
A government watchdog has announced an investigation into the merger of Standard Life and Aberdeen Asset Management, to ensure it does not damage competition in the industry.
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SJP’s Tootill leaves for Standard Life owned 1825
Former St James’s Place partnership manager Mark Tootill has been hired to lead the north east office of Standard Life-owned financial planner, 1825.
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Aberdeen outflows respite put down to currency moves
Aberdeen Asset Management has said its outflows slowed in the second quarter to £2.5bn, but analysts said they doubt this reflects a true change in client sentiment.
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Standard Life considering post-Brexit Dublin move
Standard Life is considering moving its European hub to Dublin as it prepares for the UK to pull out of the EU single market, the firm’s chairman Gerry Grimstone has said.
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Jupiter’s Slenderbroek confronts M&A speculation
Jupiter Investment Management chief executive Maarten Slenderbroek has pre-empted takeover rumours by stating the firm is not in the market for M&A.
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RBS still in ‘purgatory’ as FTSE 100 falters
The FTSE 100 fell 0.7% to 7,221 as RBS rounded off a busy week of UK bank results with a staggering £7bn loss, while Standard Life failed to wow with weaker gross inflows.
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Platform sales plummet to lowest point since RDR – Fundscape
Fund platform sales in the third quarter fell flat, despite decent asset growth among the top players, according to the latest Fundscape Platform Report.
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Woodford set to name new board chair
Neil Woodford is set to confirm the hire of former Standard Life director Marcia Campbell to be the chair of his firm’s oversight board.
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Standard Life shareholders reject CEO Skeoch’s pay packet
Nearly a quarter of shareholders voted against Standard Life’s remuneration package, despite the company’s chief executive Ketih Skeoch agreeing to a last-minute pay cut.