Uncertainty Leads to Fund Management Shake-Up

NEWS YOU CAN USE: The proposed merger between Standard Life and Aberdeen, Scottish Mortgage cuts fees and a new fund launch targets gender diversity

Emma Simon 31 March, 2017 | 10:45AM
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The big investment news this month has been the proposed merger between Standard Life and Aberdeen Asset Management. But March has been a busy month, with a handful of fund launches and a wave of investment trust announcements. In addition, up to 20 equity income funds are expected to be re-admitted the Investment Association’s Equity Income sector, after the organisation announced a long overdue rule change.

Merger to Create New Fund Management Force

Standard Life and Aberdeen Asset Management a confirmed they are in merger talks. The current chief executives of each firm, Keith Skeoch and Martin Gilbert, would become co-chief executives of the new larger company.

This proposed consolidation follows similar moves by Henderson and Janus last year.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Alliance Trust Ord1,046.03 GBP0.58Rating
AXAWF Fr Social Prog F CapEUR170.78 EUR0.33Rating
Fidelity Asian Smaller Coms A-Acc-EUR32.79 EUR0.39Rating
Invesco UK Eq High Inc UK Inc326.46 GBP0.46Rating
Invesco UK Equity Inc UK Inc1,303.96 GBP0.54Rating
Polar Capital Glb Healthcare Ord301.57 GBP1.54Rating
Rathbone Income R Acc1,707.12 GBP0.77Rating
Schroder Income Acc102.10 GBP0.30Rating
Scottish Mortgage Ord1,526.75 GBP2.26Rating

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk