Standard Life Aberdeen assets rise to £569bn
Edinburgh-based investment giant Standard Life Aberdeen plc said on Tuesday its assets under management and administration rose 3% to £568.9 billion as at March 31, 2019…
Edinburgh-based investment giant Standard Life Aberdeen plc said on Tuesday its assets under management and administration rose 3% to £568.9 billion as at March 31, 2019…
Heng An Standard Life (HASL), a joint venture between Standard Life Aberdeen and Tianjin TEDA International, has been granted permission to establish a pensions insurance…
Edinburgh-based investment giant Standard Life Aberdeen plc on Tuesday confirmed recent speculation that former HSBC chairman Douglas Jardine Flint will succeed Gerry Grimstone as the…
Edinburgh-based investment giant Standard Life Aberdeen is in talks with Saudi Arabia about starting one or more investment vehicles that would be seeded by the…
Edinburgh-based asset management giant Standard Life Aberdeen said on Tuesday the proposed initial public offering (IPO) of its associate business in India, HDFC Asset Management Company…
Phoenix Group announced its new executive management team to manage the enlarged business upon completion of the Standard Life Assurance Limited acquisition, expected in the…
Standard Life Aberdeen shareholders on Monday voted more than 99% in favour of the £3.24 billion sale of Standard Life Assurance Limited to Phoenix Group…
Lloyds Banking Group will sell its remaining 97.7 million shares in Standard Life Aberdeen, representing a 3.3% stake in the Edinburgh-based asset management giant, bookrunner Bank…
UPDATE 2 — Standard Life Aberdeen said on Tuesday it plans to return up to £1.75 billion to shareholders once it closes the sale of…
Standard Life Aberdeen, the largest active fund manager in the UK and one of Scotland’s largest employers, has officially opened its new headquarters at 6 St…
Standard Life Aberdeen on Friday confirmed the sale of its “capital-intensive” insurance business to Phoenix Group for a total consideration of £3.24 billion including £2.28 billion in cash and…
1825, Standard life’s financial planning business, has agreed to acquire Cumberland Place Financial Management Ltd which has assets under advice of £400 million. The acquisition…
Standard Life’s financial planning business 1825 said it agreed to acquire Bristol-based Fraser Heath Financial Management, which has assets under advice of £352 million. After…
UPDATE 2 — Shares of Standard Life Aberdeen edged 2% higher at the market open on Monday — the first day of trading for the…
Standard Life and Aberdeen Asset Management said the UK’s Competition and Markets Authority (CMA) announced that it has cleared the £11 billion merger of the Scottish investment giants….
Shareholders of Standard Life and Aberdeen Asset Management both voted overwhelmingly to approve the £11 billion merger of the Scottish investment giants on Monday. About…
Edinburgh-based pensions and investment giant Standard Life said it has fully integrated its auto enrolment offering with Newcastle-based software giant Sage Group, the UK’s largest tech company. Standard…
Standard Life chief executive Keith Skeoch told the Press Association in an interview he is confident the group’s proposed £11 billion merger with Aberdeen Asset Management…
Standard Life and Aberdeen Asset Management expect to cut their combined workforce by up to 800 roles — nearly 9% of the companies’ combined payroll — within three years of their proposed merger, Standard…
Edinburgh-based Standard Life plc said terms have been agreed to sell its Hong Kong insurance business Standard Life Asia to Standard Life’s Chinese joint venture insurance business…
UPDATE 5 – Edinburgh-based Standard Life has agreed to buy Aberdeen Asset Management for £3.8 billion in an all-share transaction that would create a global fund management player overseeing £660 billion…
UPDATE 5 – Scottish investment giants Standard Life and Aberdeen Asset Management confirmed in a joint statement they are in discussions about a possible all-share merger that would create a…
Edinburgh-based investment, pensions and insurance giant Standard Life said its operating profit before tax rose 9% to £723 million in 2016 and assets under administration rose by 16% to…
Edinburgh-based fund manager Standard Life Investments said it has strengthened its environmental, social and governance (ESG) investment team with the appointment of Deborah Gilshan as…
The UK Government should announce an immediate stimulus of 1.25% of GDP in the Autumn Statement, according to a new paper from Edinburgh-based investment giant Standard Life…
Edinburgh-based Standard Life said it completed the acquisition of AXA Portfolio Services — which trades as Elevate — from AXA UK plc following Financial Conduct Authority consent. “The…
Edinburgh-based Standard Life Investments (SLI) has launched a short-dated corporate bond fund to invest predominantly in sterling-denominated corporate bonds with a maturity of less than five years….
Edinburgh-based Standard Life said it will conduct a review of all of its non-advised annuity sales from July 2008 to identify “whether our customers received sufficient…
Edinburgh-based global asset manager Standard Life Investments announced the appointment of a new team and CEO in Singapore, a big step in the firm’s global growth…
Edinburgh-based global fund manager Standard Life Investments (SLI) has launched a new emerging market debt fund — and has added to its team of five emerging market debt…
Edinburgh-based Standard Life Investments (SLI) said it will reopen its suspended UK Real Estate Fund and associated feeder funds from 12 noon on Monday, October 17. The…
Standard Life’s financial planning business 1825 said on Monday that it has terminated discussions to acquire Norwich-based independent financial advisers Almary Green, which has assets under advice of…
Edinburgh-based global fund manager Standard Life Investments (SLI), which manages assets of about £270 billion, has warned that growth in China could fall as low as…
Shares of Edinburgh-based investment, pensions and insurance group Standard Life rose about 5% after it said its half-year operating profit before tax increased by 18% to £341…
Standard Life’s fast-growing financial planning business 1825 said it will make its fifth acquisition through buying Crewe-based Jones Sheridan, which has assets under advice of £350 million. The deal will establish 1825’s…
Edinburgh-based Standard Life said its Indian joint venture HDFC Standard Life has started merger talks with Max Life Insurance Company Limited and Max Financial Services Limited. Such…
Edinburgh-based fund manager Standard Life Investments has launched an American Equity Income fund to UK-based retail investors. The fund will be run out of the firm’s…
The average FTSE 100 company’s defined benefits pension scheme saw its asset allocation to bonds increase to 61% in the year to December 31, 2015, according to recent research by Jardine…
Almost a quarter of Standard Life shareholders — about 22. 3% — voted against its directors’ remuneration report at its annual meeting on Tuesday. Last week, Standard…
Edinburgh-based savings and investment giant Standard Life said its chief executive Keith Skeoch voluntarily cut his potential incentive plan from 500% of his salary to 400%. Skeoch’s base salary is £700,000,…
Edinburgh-based pensions and investment firm Standard Life said it agreed to acquire AXA Portfolio Services Limited — which trades as Elevate — to further strengthen its position as a platform provider…
Edinburgh-based Standard Life said its Indian joint venture HDFC Life plans to have an initial public offering (IPO) of up to 10% of its shares. Standard…
Standard Life wants to buy Elevate, Axa’s platform for helping independent financial advisers manage clients’ investments, according to Bloomberg News. Axa, France’s largest insurer, is…
Edinburgh-based investment and insurance giant Standard Life has appointed former American Express and McKinsey executive Lan Tu as its strategy director. She will report directly to…
Global banking and financial services giant HSBC Holdings said it appointed former Standard Life chief executive David Nish, 55, to its board as an independent non-executive…
Standard Life’s financial planning business 1825 said on Monday it agreed to acquire financial advisory firm Munro Partnership Limited, which has offices in Ayr, Hamilton and Glasgow and has…
Standard Life’s financial planning business 1825 said on Tuesday it agreed to acquire Norwich-based independent financial advisers Almary Green, which has assets under advice of around £400 million….
Gerry Grimstone, chairman of Edinburgh-based investment, pensions and insurance giant Standard Life, said on Friday it would be “potentially damaging to the UK economy and therefore…
Edinburgh-based Standard Life said on Friday its operating profit before tax rose 9% to £665 million in 2015 — beating analysts’ forecasts of £616 million — as the investment, pensions…
Edinburgh-based investment giant Aberdeen Standard Investments (ASI) has made a $13 million minority equity investment in Singapore Life Pte. Ltd., a digitally-focused life insurance company…
Phoenix Group Holdings plc, owner of Standard Life, has announced its intention to explore a potential sale of its SunLife Limited business. SunLife is a…
Standard Life, part of Phoenix Group, has appointed Andrew Pearson to the newly created role of Head of Financial Education and Communication. The move comes…
Aberdeen-based global engineering firm John Wood Group announced it has won a significant US life sciences project with GSK. “Wood has won an award valued…
Phoenix Group Holdings announced the acquisition of Sun Life UK, a closed book UK life insurance company, from Sun Life Financial Inc. for £248 million…
Abrdn’s £1 billion Standard Life Private Equity Trust (SLPE) will be promoted to the FTSE 250, from the FTSE UK Small Cap index, following the…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday it agreed to sell Ark Life…
Former Aberdeen Standard Investments executives Alex Barr and James Witter have launched Bread Street Capital Partners Ltd, a new investment management business specialising in broadening investor…
Principal Global Investors has hired Åsa Norrie from Aberdeen Standard Investments (ASI) to be its European regional chief executive officer and head of distribution. Principal manages…
Standard Life Aberdeen (SLA) has sold independent financial adviser (IFA) platform Parmenion to private equity firm Preservation Capital Partners in a £102 million deal. Parmenion…
Aberdeen Standard Investments (ASI) said on Monday it has launched the Multi-Asset Climate Solutions (MACS) Fund in partnership with The Big Issue Group (TBIG). Aberdeen…
Aberdeen Standard Investment’s outlook commentary for 2021 says “sustainable higher yielding debt, selected global equity and selected real estate will become even more attractive” as…
Aberdeen Standard Investments (ASI) said on Wednesday it will acquire 60% of Tritax Management LLP to strengthen the combined offering of both firms in the…
Aberdeen Standard Investments (ASI) said on Thursday it has created a new platform that will allow investors to track a broad spectrum of “investable” hedge…
Aberdeen Standard Investments (ASI) has this week announced a number of key appointments in its funds invested in smaller companies. Abby Glennie has been appointed…
Standard Life Aberdeen’s new CEO Stephen Bird is planning a big strategic shift for the active asset management giant by building a stable of passive…
Aberdeen Standard Investments (ASI) has announced its intention to lift the temporary dealing suspension on its £1.6 billion Standard Life Investments UK Real Estate Fund and…
Aberdeen Standard Investments (ASI) has launched the Aberdeen Standard SICAV I – Global Dynamic Dividend Fund to invest in a range of dividend-paying stocks across developed…
Edinburgh-based investment giant Standard Life Aberdeen has appointed Alex Hoctor-Duncan as the new global head of its £456 billion asset management business Aberdeen Standard Investments….
Edinburgh-based investment giant Aberdeen Standard Investments (ASI) said on Monday it has launched a new Global Innovation Equity Fund “seeking to invest in companies with…
Edinburgh-based investment giant Aberdeen Standard Investments (ASI) indicated it is planning to increase its investments in private markets as it hired Mark Redman as its…