SLI's Skeoch bags £1.5m bonus as firm reports six-fold jump in sales

Inflows up to £10.3bn from £1.7bn

Standard Life Investments saw its third party inflows jump more than six-fold in 2015, rising to £10.3bn from £1.7bn the previous year, powered by strong demand for its multi-asset proposition.

In 2015, the multi-asset MyFolio funds saw net inflows of £1.9bn, driving assets up to £8.1bn. Strong flows were also seen in other multi-asset products, including the popular GARS strategy, which attracted £9.5bn in total over the year. However, Ignis, which the group acquired in 2014, detracted from this trend, with net outflows of £2.5bn, which included a £1.7bn divestment from a large low revenue margin mandate. The group said 2015 was marked by the fact that Standard Life Investments, which represents more than 80% of the group's assets under administration, became the largest fe...