Stan Life, Aberdeen outline co-CEO responsibilities
Standard Life and Aberdeen Asset Management on Monday outlined the allocation of responsibilities between co-chief executives Keith Skeoch and Martin Gilbert after the companies complete their…
Standard Life and Aberdeen Asset Management on Monday outlined the allocation of responsibilities between co-chief executives Keith Skeoch and Martin Gilbert after the companies complete their…
Standard Life Investments said its high-profile head of equities David Cumming “has chosen to leave … to pursue other interests” — just days after Standard Life announced…
Edinburgh-based fund management giant Standard Life Investments issued its Governance & Stewardship Annual Review for 2016 in which it revealed it voted its clients’ shares 430…
Edinburgh-based Standard Life plc said Paul Matthews, CEO UK & Europe Pensions and Savings will stand down as an executive director and Barry O’Dwyer, currently CEO…
Edinburgh-based fund management giant Standard Life Investments said it appointed Archie Struthers to the role of head of investments. Struthers will join Standard Life Investments — which manages…
Edinburgh-based fund manager Standard Life Investments argued on Monday that Rupert Murdoch’s 21st Century Fox is not offering enough for British pay-TV firm Sky Plc and questioned the independence of…
Edinburgh-based asset management giant Standard Life Investments (SLI) said its MyFolio range of funds — which enables investors to choose their preferred level of investment risk — reached…
Edinburgh-based insurance and investment giant Standard Life said India’s insurance watchdog had “expressed reservations” about accepting the current terms for the purchase of Max Life Insurance by Standard Life’s Indian joint…
Edinburgh-based asset management giant Standard Life Investments (SLI) has told clients that Donald Trump’s US presidential election victory introduces “significant uncertainty to the outlook for government…
More than half of the independent shareholders of controversial retailer Sports Direct voted against re-electing Keith Hellawell as chairman at a stormy annual general meeting. Edinburgh-based fund…
Edinburgh-based Standard Life Investments has strengthened its Environmental, Social and Corporate (ESG) team with the hiring of Marc Brammer and Sophie Rahm as responsible investment analysts….
Shares of Edinburgh-based Standard Life have fallen about 13% so far this week after its fund management business Standard Life Investments suspended trading in its £2.9 billion UK Real Estate Fund…
Standard Life Investments’ Long Lease Fund has paid £17.4 million for Blythswood House, a student accommodation development leased to Glasgow School of Art for 25 years. Blythswood House at 200…
Edinburgh-based Standard Life Investments, one of Europe’s largest real estate investors managing about £18.2 billion of real estate-related assets, has announced some big changes to its…
Edinburgh-based Standard Life Investments’ Hong Kong business has established a strategic relationship with leading Chinese asset manager Bosera Asset Management. The two fund managers have announced the launch of…
Standard Life’s financial planning business 1825 said it will establish a London regional office by buying Baigrie Davies, its third acquisition in the last three weeks. Baigrie…
Edinburgh-based investment, pensions and insurance group Standard Life is to hold its annual general meeting outside of Scotland for the first time in its history. This year’s Standard…
Edinburgh-based Standard Life Investments has told investors it expects another year of volatility in debt markets — and said it believes the risk of recession “is lower than the market…
Edinburgh-based global fund manager Standard Life Investments said its longer-term outlook on China “has become increasingly negative” and that it fears China might not carry out corporate…
Edinburgh-based fund manager Standard Life Investments said on Monday it will be a “principal partner” for the British & Irish Lions rugby tour to New Zealand…
Edinburgh-based Standard Life Investments, a major shareholder in Royal Dutch Shell, said on Friday it would vote against Shell’s $50 billion bid to buy BG Group. David…
Edinburgh-based fund giant Standard Life Investments, a shareholder in HSBC, would support the global bank if it decided to move its headquarters away from London…
Standard Life has said there “are no current plans” for its chairman Gerry Grimstone to leave the Edinburgh-based investment giant despite the news that Grimstone is joining…
Edinburgh-based investment giant Standard Life said it enjoyed net inflows of £2.4 billion ($3.6 billion) in the third quarter — well ahead of analysts’ expectations….
Shares in Edinburgh-based investment, insurance and pensions giant Standard Life fell more than 3% on Tuesday afternoon despite the company reporting that its first-half operating profit rose…
Edinburgh-based Didasko Education, the financial education charity behind the Scottish capital’s prestigious Library of Mistakes, has tapped former Standard Life Aberdeen CEO Keith Skeoch to…
Euan Munro confirmed on Tuesday he has left his role as chief executive of Newton Investment Management, part of BNY Mellon Investment Management, after almost four years…
Royal London announced the appointment of Isabel Hudson as a non-executive director and as chair of The Royal London Mutual Insurance Society Limited with effect…
Focus Business Solutions, the advice tech business trading as Focus Advice Technology, has announced the successful completion of its management buyout (MBO) from Abrdn. The…
Phoenix Group Holdings plc, parent of Standard Life, announced the appointment of former Prudential plc executive Nic Nicandrou as its new group chief financial officer…
Future Growth Capital (FGC), the new private markets investment manager announced by Schroders plc and Standard Life parent Phoenix Group, announced that regulatory approval has…
Standard Life, part of Phonenix Group, said that raising auto-enrolment (AE) minimum pension contributions could leave UK savers £217,000 better off in retirement. Standard Life…
New research from Phoenix Group, owner of Standard Life, has found that 75% of Scots aged between 40 and 66 — pre-state pension age —…
Standard Life owner Phoenix Group and global investment manager Schroders have announced an agreement to form a new strategic partnership called Future Growth Capital (FGC). FGC has…
Abrdn said it completed the acquisition of the Tandem Centre, a premier retail park in Colliers Wood, South London, for £60.8 million from LaSalle Investment…
Phoenix Group Holdings plc, owner of Standard Life, announced the completion of the initial phase of its deleveraging programme, comprising a debt redemption and refinancing…
John McGuigan has announced his intention to stand down as chair of Scottish Financial Enterprise (SFE), with deputy chair Sue Dawe proposed to be confirmed…
Phoenix Group, owner of Standard Life, has launched a bespoke “Climate Aware” index series in collaboration with FTSE Russell, the LSEG business. The FTSE Phoenix…
Phoenix Group Holdings plc, owner of Standard Life, announced that Rakesh Thakrar will step down from his position as group chief financial officer (GCFO) at…
Edinburgh investment giant Abrdn is facing “corporate bullying” by the media following its controversial rebrand, according to Peter Branner, the asset manager’s chief investment officer…
Shares of Phoenix Group Holdings plc, owner of Standard Life, rose as much as 9% after it published 2023 results showing total cash generation of £2.024…
Edinburgh-based investment giant Abrdn plc announced its 2023 results on Tuesday, saying its work to achieve at least £150 million of annualised cost savings “is now…
Gordon Humphries has been elected as chair of the Association of Investment Companies (AIC) and Sapna Shah has been elected as deputy chair with immediate effect….
A surge in bulk annuity deals is anticipated over the next five years, with 86% of pension scheme trustees expecting to approach an insurer in…
Investment firm M&G plc announced the appointment of Caroline Connellan as the CEO of M&G Wealth, subject to regulatory approval. Connellan is the former CEO…
By Mark McSherry Abrdn chairman Douglas Flint said a debt default by the United States “is almost unthinkable” and would be a “cataclysmic” event for…
Phoenix Group, owner of Standard Life, said it has provided a £210 million investment to City Property Glasgow, a wholly owned subsidiary of Glasgow City…
British finance minister Jeremy Hunt set out his budget on Wednesday in an effort to pull the UK economy out of its run of stagnant…
Phoenix Group Holdings plc, the closed life and pension fund consolidator that owns the “old” Standard Life Assurance, said it expects to benefit from further…
Wealth management firm Quilter plc announced “with great sadness” the death of its commercial and propositions director David Tiller at the age of 56. Tiller…
Occupational pensions consultancy LCP (Lane Clark & Peacock) has predicted that 2023 will be a record breaking one in the de-risking market, with record volumes of…
Veteran Scottish fund manager Martin Gilbert has predicted that 2023 “will prove to be the beginning of a renaissance” for active fund managers. Gilbert said…
Glasgow-based AlbaCo announced it hired former Scottish Financial Enterprise’s CEO Graeme Jones as its chair. Alba is currently working with the FCA and PRA as…
Martin Gilbert’s fast-growing asset manager AssetCo announced that Gary Marshall has been appointed as its Chief Financial and Operating Officer (CFOO) and has joined its…
Phoenix Group, the UK’s largest long-term savings and retirement business, said it made two key appointments to its executive committee. The brands of Phoenix include…
Abrdn UK Smaller Companies Growth Trust plc said that after 37 years with Standard Life and Abrdn, Harry Nimmo will retire from Abrdn at the…
Scottish Financial Enterprise (SFE) has announced a new chair along with other appointments to a new-look board. SFE said current deputy chair John McGuigan will…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced it posted record cash generation of £950 million…
Phoenix Group’s Standard Life has warned of a “a major gap” in the British pension system with the latest ONS statistics showing a split between the…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced the appointment of entrepreneur Maggie Semple as an…
HSBC Holdings plc has seen its share price rise more than 4% in the past few days after its largest shareholder, Chinese insurance giant Ping An, urged…
Abrdn plc announced board changes with its annual results on Tuesday as the Edinburgh investment giant revealed that Martin Pike and Jutta af Rosenborg, its…
Martin Gilbert’s fast-growing investment firm AssetCo plc has reached agreement to acquire Edinburgh-based Revera Asset Management Limited for about £2.8 million in shares and cash. The…
Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced some big board changes on Wednesday. Senior…
Newton Investment Management, part of BNY Mellon Investment Management, announced it hired veteran Scottish fund manager David Cumming and Abrdn portfolio manager Georgina Cooper for its…
Edinburgh investment giant Abrdn has announced it will sell 40 million of its 144 million shares in life and pensions consolidator Phoenix Group Holdings plc to institutional…
Standard Life Private Equity Trust plc — soon to be renamed Abrdn Private Equity Opportunities Trust plc — has reported a record annual share price…
Martin Gilbert’s investment firm AssetCo plc has been given another extension to the deadline by which it must make an offer for fund manager River and…
Premier Miton Group announced it has withdrawn from acquisition discussions with the board of fund manager River and Mercantile Group (RMG). This leaves Martin Gilbert’s investment firm AssetCo…
Reinsurance giant Swiss Re has sold its remaining 6.6% shareholding in closed life and pension fund consolidator Phoenix Group Holdings by selling 66,199,917 ordinary shares…