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Record breaking first half to 2014 for Standard Investments

Thursday 14th August 2014

Global fund manager Standard Investments enjoyed a record breaking first half to 2014, continuing the momentum the company has seen over the past ten years, it has reported. 
 
The first half of this year saw record third party assets under management (AUM) of £108.0bn, record total AUM of £195.1bn, record operating profit before tax of £104m, and third party net inflows of £4.2bn.
 
“I am privileged to have been at Standard Life Investments for just over ten years now and pleased to be able to report another strong set of half year results,” Kevin Skeoch, CEO of the company, said. “However, as a firm believer in the benefits of long term active investing, what pleases me most are the strong relationships we have established with institutional and retail clients around the world over the past ten years.”
 
“The strength of our investment performance and net inflows over the last decade mark Standard Life Investments out as one of the leading asset managers,” Skeoch continues. “Our success and rapid growth as an active fund manager in a decade that saw a general increase in the use of passive strategies is testimony to our ‘Focus on Change’ investment philosophy. There is also growing global recognition of the benefits clients can gain by working with a manager who is seen to add value by taking a long term approach to investing.”
 
Going forward, Skeoch believes the addition of Standard Life Wealth and Ignis Asset Management presents great opportunities for the company. “They will help deepen our investment capabilities, broaden our third party client base and strengthen our strategic position,” he said.
 
“I am confident that as we look forward to the next ten years Standard Life Investments has the proven investment expertise and global distribution capabilities that will continue to deliver both superior investment performance and innovative solutions for our clients,” Skeoch concluded.





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Editorial Contact Details - Conor Shilling
conor.shilling@angelsmedia.co.uk
0845 672 6000
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