Offloading the taxpayer stakes in Royal Bank of Scotland and Lloyds Banking Group could take years, the Treasury select committee was told yesterday.
Fund groups are scrambling to develop risk-rated propositions ahead of the RDR deadline at the end of this year, with major houses including Jupiter planning how to enter the space.
Standard Life will roll out RDR-friendly charging structures across its key retail product lines this year, in a move which will see the provider pass fund manager rebates back to new clients on its fund supermarket, FundZone.
M&G became the UK's largest asset manager by AUM in the first quarter of the year, knocking rival Invesco Perpetual off the top spot, according to the latest Pridham report, published by Fundscape.
Peter McKellar, coordinating partner and CIO of SL Capital Partners and manager of the Standard Life European Private Equity trust, on the prospects for this unloved sector.
Standard Life Investments (SLI) increased assets under management in its third party business to a record level of £76.1bn in Q1, as a result of demand for fixed income and GARS, as well as positive market movements.
Standard Life Investments (SLI) has handed its tracker fund range to passive investment house Vanguard Asset Management as it looks to focus on its active fund offering.