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

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.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Alliance Trust Ord765.03 GBP0.66
AXAWF Framlington Women Empwrmt FCap EUR120.49 EUR0.27
Fidelity Asian Smaller Coms A-Acc-EUR20.72 EUR1.87
Invesco High Income UK Inc276.99 GBP0.89
Invesco Income UK Inc1,059.00 GBP0.82
Polar Capital Glb Healthcare Ord250.00 GBP-0.40
Rathbone Income R Acc1,335.31 GBP0.43
Schroder Income Acc71.94 GBP1.43
Scottish Mortgage Ord755.25 GBP1.85

About Author

Emma Simon

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

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies