Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

16383

SLI expands global footprint in 2014

RELATED TOPICS​

Standard Life Investments has continued to expand significantly during 2014, which includes the acquisition in July of Ignis Asset Management. 

The business now manages over GBP240bn of assets and has increased its operational and client servicing footprint, with further investment planned to support continued growth.

Standard Life Investments now operates out of 17 countries worldwide – Canada, Australia, the US, Hong Kong, China, Germany, Sweden, Switzerland, Ireland, Italy, Spain, Korea, France, the Netherlands, Belgium, Japan and the UK. The main investment and operations hubs are in Edinburgh, Hong Kong, London and Boston.

Due to this global expansion ten new international offices have opened or will shortly open in New York, Los Angeles, Toronto, Munich, Tokyo, Zurich, Stockholm, Brussels, Milan and Madrid*. These offices will principally provide closer support to clients.

The business is also expanding its London office plus US and Hong Kong hubs – taking the entire floor of 1 Beacon Street in Boston, and an additional floor in The Gherkin, St Mary Axe. The Paris team has moved to new bigger offices, the Sydney office is in the process of doubling in size, and the Frankfurt team will move to new larger premises in Spring 2015.

Standard Life Investments has also signed a lease to occupy the entire office space available within the new GBP75m development underway at St Andrew Square in Edinburgh, from 2017.  The premises will provide space for over 1000 people in addition to Standard Life Investments’ existing headquarters building at 1 George Street.

Keith Skeoch, CEO, Standard Life Investments, says: “Standard Life Investments has seen considerable global expansion in 2014, both in assets under management and people. This organic growth along with the recent integration of Ignis Asset Management and Standard Life Wealth, plus the global collaboration agreement with Manulife, means we needed to prepare for the future and ensure we have the right strategy for our long-term estate portfolio worldwide.

“The new premises in Edinburgh are just across the road from our existing HQ and will provide our people with the right high quality office environment to foster continued success as we expand our global asset management capability.”

Latest News

According to the latest ESG data from PwC Luxembourg finds that investment flows towards EU..
Solactive and private equity data provider CEPRES have established a new partnership for to introduce..
New research published today by the CFA Institute Research and Policy Centre analyses the many..

Related Articles

Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Pension funds
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition...
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by