SLI and Ignis: Where could the mergers hit?

Analysts expect a number of Ignis funds to merge or close after SLI buys group from Phoenix for £390m

clock • 3 min read

Fund buyers are expecting Standard Life Investments (SLI) to merge or close a number of Ignis' funds after it agreed to buy the business from Phoenix for a ‘knockdown price' of £390m.

Following the takeover, SLI is likely to turn its attention to the extensive crossover between the two groups' product ranges, which could lead to a number of fund closures and mergers. One of SLI's major objectives has been to capitalise on the success of its £20bn Global Absolute Return Strategies (GARS) fund. Ignis runs the popular £2.7bn Absolute Return Government Bond fund along with a number of other long/short vehicles, and could be a strong addition to SLI's absolute return range. Ignis also runs a £1.1bn UK Property fund, which double the size of Standard Life's equivalent...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Charles Schwab UK's Richard Flynn: Young UK investors leading thematic investing charge

Charles Schwab UK's Richard Flynn: Young UK investors leading thematic investing charge

At a 'tipping point'

Richard Flynn
clock 17 June 2025 • 3 min read
Event Voice: Your questions answered by Polar Capital at the Emerging Markets Conference

Event Voice: Your questions answered by Polar Capital at the Emerging Markets Conference

Volatility is opening up attractive entry points into emerging markets

Jorry Nøddekær, Lead Fund Manager, Polar Capital Emerging Market Stars Fund
clock 17 June 2025 • 10 min read
Majority of UK financial institutions expect growth over next 12 months

Majority of UK financial institutions expect growth over next 12 months

UK expected to remain a financial hub

Patrick Brusnahan
clock 16 June 2025 • 2 min read
Trustpilot