Standard Life

Standard Life Investments (SLI) and Legal & General Investment Management (LGIM) are reportedly looking to sue Royal Bank of Scotland (RBS) over a controversial £12bn cash-call in 2008.

Flows into multi-asset products have been growing consistently in recent months, and multi-asset now constitutes 11% of the UK funds market.

Standard Life aims to convert all investments currently held in bundled share classes on the platform to their unbundled ‘clean' equivalents by the end of the year, it announced today.

Standard Life has reported an increase in pre-tax profits for the first half of the year, with strong growth in assets under management and fee based revenue.

M&G Investments has regained its number one position on the Pridham fund sales list, knocking BlackRock off the top spot.

Sanlam Private Investments (SPI) has reaffirmed its ‘sell' recommendation on Richard Wilmot's £2.1bn Newton Higher Income fund, arguing its recent overhaul has made the fund a less attractive option for income seekers.

Standard Life Investments is preparing to roll out a number of regional variants of its £18bn Global Absolute Return Strategies (GARS) fund, as well as a simplified version of the vehicle, Investment Week can reveal.

The UK needs about 5,000 extra financial advisers to cope with the rising demand for retirement advice, research from Standard Life concludes.

Standard Life Investments (SLI) is reviewing its remuneration policy after Euan Munro became the latest star name to announce his departure from the firm last week.

UK Equities