BUZZ-UK/EU Asset Managers: RBC prefers Standard Life Aberdeen, Schroders

** RBC says among UK/EU asset managers, players of size -- Standard Life Aberdeen and Schroders -- are preferred names

** RBC says SLA priced for usual merger disruption (revenue attrition, key staff losses, & culture clashes) that is not happening, "nor do we believe it will happen in a material way"

** Broker says the stock screens favourably on valuation, yield and growth

** On Schroders, RBC reckons the market is taking an increasingly negative view of co in light of a stronger Sterling and the absorption of research costs

** But broker says management is actively managing the business and the likely continued deployment of its B/S and diversification should create shareholder value over longterm

** Broker has "outperform" ratings on both SLA & Schroders; raises PT for Schroders (Frankfurt: 929969 - news) to 3700p from 3400p

** Despite ongoing positive business momentum, RBC cuts Man (Swiss: MAN.SW - news) Group to "sector perform" from "outperform" following strong share price performance