Standard Life investments

Standard Life Investments' small cap manager Ken Nicholson has left the firm after fifteen years.

Shares in Lloyds Banking Group fell more than 5% this morning after the government sold another 7.8% of its stake in the bank last night.

Standard Life Investments has agreed to buy Ignis Asset Management for £390m, in a move which will also see the group work more closely with Ignis' parent Phoenix Group.

Julie Dean's best-selling Cazenove UK Opportunities fund helped Schroders top the Q4 net sales table, according to the latest edition of the Pridham Report.

Standard Life Investments has launched a short duration credit fund following the conversion of its existing Select Income fund.

Wrap platform Standard Life has revealed the names of the first seven fund groups who have offered it preferential ‘super clean' share class deals, with a further four to be announced in the coming weeks.

Standard Life has so far only managed to secure super clean share classes from 11 of the 15 fund groups it originally said it had agreed terms with, Investment Week understands.

This summer has been "a baptism of fire" for Standard Life Investments' £18.5bn Global Absolute Return Strategies(GARS)fund, according to strategist Andy Ford.

Invesco Perpetual has rolled out its first multi-asset fund strategy for former Standard Life Investments' (SLI) managers David Millar, Dave Jubb and Richard Batty.

Invesco Perpetual is preparing to roll out its answer to Standard Life Investments' GARS fund with the trio of managers it poached from the group.