Standard Life buys Ignis Asset Management for £390m

Standard Life will pay £390 million for Ignis including regulatory capital. The consideration will be settled in cash from Standard Life group’s existing internal resources. The transaction is expected to be completed on or before 30 June 2014. According to the Sunday Times Canadian bank RBC and

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Key Highlights – Social Media Intelligence – UK Wealth Management Q4 2013.

August to October saw another quarter of significant growth with 48,000 activity/ mentions (a 17% increase vs the previous quarter) across the cohort of wealth management Brands included in this research. Wider UK industry activity/mentions grew by 8% for the quarter (off a much larger sample base

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Ignis Takeover Bids Rejected

Life assurance firm Phoenix Group has rejected a raft of takeover bids for Ignis said to be in the region of £400 million, according to reports. According to Sky News, the bids were made at the end of last year with the news broadcaster claiming Aberdeen Asset Management

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