Standard Life investments

Standard Life Investments has cut fund manager jobs across 15 Ignis equity funds after handing the portfolios to its own managers following its takeover of the group.

Former Ignis Asset Management head of credit Chris Bowie is to join TwentyFour Asset Management as the boutique builds on recent success in the fixed income space, Investment Week can reveal.

Standard Life Investments' inflows fell 43% in the first half of this year, but profits still rose 9%.

Standard Life Investments has recruited a manager from SWIP to run its European Smaller Companies fund, raising questions over whether Ignis' Ian Ormiston will make the move to SLI.

Ignis' global head of distribution Claude Chene has followed Chris Samuel in exiting the business following its takeover by Standard Life Investments.

Standard Life Investments (SLI) announced today it has completed its takeover of Ignis Asset Management following regulatory approval.

Tim Edwards has left his role as chief operating office of distribution at Ignis Asset Management to join Insight Investments.

Aviva Investors has appointed Ian Pizer from Standard Life Investments' GARS team as senior asset manager on its multi-asset team, led by Peter Fitzgerald.

Standard Life Investments' head of global equities David Cumming has said the group has finally lost patience with banks over bonuses, prompting last week's shock decision to publicly oppose Barclays' remuneration plans.

Standard Life Investments has taken the unusual step of criticising Barclays during its AGM, attacking the bank over its latest remuneration proposals amid a fiery meeting.