Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Standard Life Investments' £10bn inflow fuels 32% profit rise

by Dylan Lobo on Feb 27, 2014 at 07:56

Standard Life Investments' £10bn inflow fuels 32% profit rise

Standard Life Investments posted a 32% rise in profit in 2013 on the back of a 66% jump in net inflows.

Overall profit for the unit stood at £192 million with inflows at £10.1 billion.

The firm's UK wholesale retail business recorded its highest annualised net sales in the industry in history and almost double its nearest competitor. This was largely driven by the continued popularity of its Gars strategy.

Assets under management rose by 10% to £184.1 billion, while revenue increased from £408 million to £521 million.  

Standard Life chief executive David Nish (pictured) attributed the return to 'excellent' investment performance, the broadening of its geographical reach and an expansion of its investment offering.

'We remain very well positioned to deliver profitable growth. We are increasing our domestic and global presence and expertise across a range of asset classes while delivering consistently strong investment performance and strengthening relationships with our distribution partners,' the group said in a statement.  

'We also continue to leverage our investment expertise to maximise opportunities and revenues for the wider group.'

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment

With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

More about this:


On the road

Click here to find out more from the Audience Development team.


How is regulation feeding the outsourcing trend?

on Jul 24, 2014 at 10:59

Sorry, this link is not
quite ready yet