slis alternatives assets up as gars balloons
Standard Life GARS had grown to a staggering £21.1bn at the end of 2012, with alternative strategies counting for more than one-fifth of Standard Life Investment's (SLI) total AUM.
Standard Life GARS had grown to a staggering £21.1bn at the end of 2012, with alternative strategies counting for more than one-fifth of Standard Life Investment's (SLI) total AUM.
Standard Life has bagged itself a bargain, acquiring Newton Private Clients for around £83.5m in a move that will more than triple its AUM.
Despite a lot of talk about M&A, consolidation and that there are too many fund groups and funds – certainly too many poor-performing ones – nothing has changed on the product manufacturing side of our industry.
Newton's sales of its private client arm has taken a step change in progress with Standard Life reported to be in exclusive discussions over the £90m acquisition.
Standard Life has appointed firm stalwart David Tiller as its first head of platform propositions.
Rather than 2013 being a continuation of a risk on/risk off approach, Keith Skeoch suggests this year investors will start to be more precise about where risk will be rewarded, with a greater empahsis on property and equities.
The Share Centre has started off 2013 by adding six funds to its Platinum 120 list of favourite funds.
Standard Life Investments has launched an emerging markets income fund for Mark Vincent.
The management team on the £13bn Standard Life Investments Global Absolute Return Strategies Fund (GARS) have questioned if Canada should be regarded as a safe haven.
Distribution post-RDR may see life companies getting back into the investment game, building up their own substantial sales forces of restricted advisers.
Standard Life Investments has hired former Pimco portfolio analyst Rickey Thevakarrunai as a fund analyst.
Standard Life Investments has brought in ex-JPMorgan man Adam Rudd to bulk its multi-asset team up following the departure of three members to Invesco Perpetual.