View more on these topics

Advisers content with size of Standard Life GARS offering

Advisers says they are still happy to invest in Standard Life Investments’ Global Absolute Return Strategies offering despite it growing by £4bn in the past six months.

The GARS offering stood at £17bn on 30 June, up from £13bn at the end of last year.

The offering comprises numerous different investment strategies. In addition to the £11.7bn fund, which sits in the Investment Management Association’s absolute return sector, there is also a European retail offering and Europe and UK institutional offerings. There is also a staff pension segregated mandate and a US high-net-worth distribution agreement.

Hargreaves Lansdown head of research Mark Dampier says: “There are around 30 strategies and they are all very liquid so I see no reason to be concerned. The only worry is whether the size of the fund prevents them investing in certain areas.”

Skerritt Consultants head of investments Andy Merricks says: “We were initially against the product but it has continued to perform and it now sits in our conservative portfolio.”

A Standard Life spokesman says it has no concern over the size of the range.



Just 13% of consumers want ongoing fee-based advice

Only 13 per cent of consumers are interested in seeking out ongoing fee-based advice, research from JP Morgan Asset Management reveals. A report from JP Morgan, published today, looks at the appetite among UK consumers for fee-based advice, and the different advice services likely to appeal to consumers seeking advice. JP Morgan based its findings […]


Aviva RDR manager moves to L&G

Aviva RDR implementation manager Ross Anderson is leaving the company to take up a role with Legal & General. Anderson (pictured) will leave Aviva on 7 September and join L&G on 22 October as head of strategy and change delivery for groupwide financial services. He joined Aviva, then Norwich Union, as part of the company’s […]

Out of Context

“My yacht was so small, it appeared to many that I did not have one at all.”Transact chief executive Ian Taylor felt out of place on a recent holiday. “I get accused of being the love child of John Travolta and Timothy Dalton all the time.”The Timebank director Damian Davies reveals his lookalikes. “If this […]


Standard Chartered agrees £217m settlement with US regulators

Standard Chartered has agreed to pay £217m to New York regulators to settle claims of alleged money laundering with Iran. The bank’s shares dropped as much as 24 per cent at one stage last week after the New York State Department of Financial Services accused the bank of hiding £160bn in transactions linked to Iran, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm