Standard Life investments

Pockets of value emerging

Changes made as vehicle's AUM grows to £2.9bn

Managers stand firm as panic-selling continues

Co-manager to join from Credit Suisse

Standard Life Investments has appointed Shayne Dunlap co-manager of the Absolute Return Government Bond fund as former Ignis CIO Chris Fellingham leaves the firm.

Standard Life Investments UK manager Thomas Moore has said Barclays can transform itself under the watchful eye of interim chief executive John McFarlane.

Shares in Standard Life fell 3% in early morning trading as half yearly results revealed a drop in annuities sales had hit the Edinburgh-based group's profits.

Standard Life Investments' Global Absolute Return Strategies fund has suffered its first quarterly loss since mid-2013 in the three months to 30 June after it was caught up in the market volatility seen in the second quarter.

The SLI multi-asset team believe the commodities supercycle of the 2000s is unlikely to ever be repeated again as India will not match up to demand once seen from China.

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