Standard Life buys Elevate as Axa confirms further UK disposal discussions
AXA has agreed to sell its wrap platform business to Standard Life and has confirmed it is in talks to dispose of its remaining UK life and savings assets.
AXA has agreed to sell its wrap platform business to Standard Life and has confirmed it is in talks to dispose of its remaining UK life and savings assets.
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While Woodford Investment Management took top position in terms of net retail sales in Q3, it was firms with better control over their distribution that dominated the fund sales chart, according to the latest Pridham Report.
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Standard Life Investments reported total third party net inflows of £5.3bn in the nine months to end September, boosting total third party assets under administration to £168.6bn at the end of the period.
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John Husselbee, head of multi-asset at Liontrust, weighs up nine absolute return strategies.
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Brown Shipley has made its model portfolio service and multi-asset fund offering available through Standard Life’s Wrap platform.
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Morningstar has raised concerns about the size of Standard Life Investments Global Absolute Return Strategies Fund.
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Tilney for Intermediaries has added James Hay Partnership to the roster of platforms on which its model portfolio service can be accessed.
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Keith Skeoch, head of Standard Life Investments will replace David Nish as CEO of the broader Standard Life business from 5 August.
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Election uncertainty and pension reforms contributed to fund platforms enduring a lethargic first quarter, according to data released by Fundscape.
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A model portfolios boom is well under way and it seems to be picking up pace.
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Standard Life is in talks with six investment groups on adding new model portfolios to its wrap platform.
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With the FTSE 100 having hit an all-time high on 20 March, the question for investors has become whether or not they should cash in or hang on for the possibility of continuing upward movement in UK equities.
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