Aberdeen Standard Investments has reported net outflows increased by £1.5bn to £16.4bn for the nine months to 30 September 2017, in its first set of results as a combined entity, although wholesale outflows have halved.
The institutional channel saw an increase in outflows of £4.5bn to £14.9bn, where the group said "market conditions remain challenging" but this was partly offset by "a £3bn improvement in outflows from...
Industry Voice: Investment priorities are changing. More and more people are concerned both with the investment returns they can make on their savings, and whether their money is being managed in a sustainable way.
Targeting cautious investors
Effective from 2 January 2019
Barry O'Dwyer and Campbell Fleming, both senior figures at Standard Life Aberdeen, are to become non-executive directors of Phoenix Group.
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