BlackRock has been selected by Lloyds to run £30bn of index strategies for Scottish Widows, part of a £109bn investment contract set to be withdrawn from Standard Life Aberdeen (SLA), as the groups work together on a potential partnership.
In February, Lloyds announced it would withdraw £109bn of assets managed by Standard Life Aberdeen (SLA) for Scottish Widows since 2014 on the grounds of competition between the insurers, with Lloyds giving...
Headed up by Penny Kyle
Ex-Standard life manager Angela Burns
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