Standard Life

Fund groups are preparing for a price war in the first quarter of next year as they overhaul their charging structures ahead of RDR.

Standard Life Investment's MyFolio managers Bambos Hambi and Katie Trowsdale will run a range of five new risk-rated funds for RBS following yesterday's distribution deal, Investment Week can reveal.

Standard Life has signed a five-year platform distribution deal with Royal Bank of Scotland (RBS).

THE BIQ QUESTION

Standard Life Investments (SLI) has promoted Mikhail Zverev to the role of head of global equities.

Invesco Perpetual is hoping to match the success of its £15bn fixed income range with the launch of its upcoming multi-asset arm, following the hire of three managers from Standard Life Investments' GARS team.

Standard Life Investments' Harry Nimmo said his buy-and-hold philosophy is the secret behind delivering top-quartile returns over the past two decades.

EUROPE

Glencore has revised the terms of its proposed merger with Xstrata again, following a backlash from shareholders on Friday over the terms of the deal.

Standard Life has overhauled its UK operation following a senior management review and launched a dedicated adviser and investment unit.