M&A: the ‘new normal’ in UK asset management
The merger of Standard Life and Aberdeen is a sign of the times in asset manager consolidation, but who will be the winners and losers from the trend?
Standard Life
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Standard Life considering Dublin move post-Brexit
Insurance and investment giant 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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Standard Life cuts Asia insurance profile with Hong Kong sale
Standard Life has agreed to sell its wholly-owned Hong Kong life operation to its Chinese joint venture company Heng An Standard Life Insurance Company (HASL), underlining its move towards an investment-led business focus.
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PEOPLE MOVES: Standard Life/Aberdeen, Killik, OMGI
Standard Life and Aberdeen have clearly defined the roles co-chief executives Keith Skeoch and Martin Gilbert will fill once the companies merge. Killik & Co’s Sarah Lord surprised many this week by announcing plans to move on from the company, while OMGI has parted ways with its fixed income head.
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What future for life companies in asset management?
Given the mixed fortunes of life companies, can they handle the tough balancing act of asset management?
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PEOPLE MOVES: Standard Life/Aberdeen, RWC Partners, Zedra
New senior management team unveiled for the soon to be merged Standard Life and Aberdeen Asset Management. Amundi has appointed a head of consultant relations, with Zedra hiring an executive director to target growth opportunities.
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ANALYSIS: Aberdeen/SL deal ushers in new wave of M&A
After being forced to confirm discussions about a potential £11bn (€12.7bn, $13.5bn) merger, does the consolidation of Standard Life and Aberdeen Asset Management prove a new wave of M&A in fund management is on its way?
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Standard Life and Aberdeen agree to £11bn merger
Standard Life and Aberdeen Asset Management have agreed to merge in an astonishing £11bn (€12.7bn, $13.5bn) deal, following a weekend of intense talks.
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Standard Life sees 20% rise in offshore bond business
Standard Life has reported a 20% increase in offshore bond assets under administration (AUA) as the insurer looks to strengthen its foothold in India.
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PEOPLE MOVES: LGIM, Brewin Dolphin, US SEC
Legal & General Investment Management has created a new head of personal investing for its UK direct business, while Brewin Dolphin’s chief operating officer is to depart. The exodus continues from the US Securities and Exchange Commission.
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PEOPLE MOVES: Standard Life, Quilter Cheviot, Crowe CW
Standard Life’s chief executive for UK and Europe Pensions and Savings is to retire, with Quilter Cheviot’s chief executive announcing similar plans. Audit, tax and advisory firm Crowe Clark Whitehill sadly announced on Friday that its national head of private clients has died.
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US corporate tax cuts not priced in, says Standard Life Investment
US equity markets have yet to price in Donald Trump’s proposed corporate tax cuts, said Andrew Milligan, Standard Life Investments’ Edinburgh-based head of global strategy.