Strategy
Significant Progress At Standard Life Wealth - CEO
UK-based investment manager Standard Life Wealth has made significant progress since its launch in February 2008, according to the firm’s chief executive Richard Charnock.
Mr Charnock told WealthBriefing that although the
results of SLW were de minimis for the Standard Life, which
reported positive net flows of £2.1 billion ($3.5 billion) across
the group last week, momentum was building up amongst the
distribution channels the organisation uses.
“Our absolute return strategies are preferred by the IFA community which is seeking to shield clients from purely benchmarked returns,” he said.
“Standard Life is now an asset managing company, so we’re very happy to be at the core of our parent’s business.”
