Standard Life

THE BIQ QUESTION

Standard Life Investments' Euan Munro has joined Aviva Investors as CEO.

Graham Dow (pictured), Standard Life's head of investment group relationships who has been spearheading negotiations with fund groups over 'super clean' share classes, looks at the possible outcomes of the discounted deal debate.

A number of wealth managers have privately warned fund groups they will be less inclined to recommend funds which give preferential prices to the biggest distributors in the market, Investment Week understands.

The performance of the Standard Life Investment's Global Absolute Return Strategies (GARS) fund significantly lagged the IMA Targeted Absolute Return sector amid recent market volatility as some positions failed to pay off.

Hargreaves Lansdown is planning to secure "as good if not better" terms with fund groups on super clean share classes as Standard Life, after the latter announced it had secured preferential deals with 15 fund providers.

Standard Life has claimed it has secured super-clean fund classes from 15 major fund groups, the first confirmation that asset managers are willing to give ground on pricing.

The FTSE 100 started the second half of the year positively after promising Asian numbers were followed up by a strong showing from the UK's own manufacturing sector.

Eurozone countries face a decade of deflation and stagnation if governments fail to tackle debt and slow growth plaguing the region, Standard Life Investments' global strategy head has said.

Investors have ploughed more than £34bn into underperforming funds which have severely lagged peers over the past three years, the latest RedZone report from Chelsea Financial Services reveals.