|Bid||0.00 x 336400|
|Ask||0.00 x 321600|
|Day's range||410.80 - 426.10|
|52-week range||410.80 - 426.10|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
By S Anuradha SINGAPORE, July 17 - The price range for HDFC Asset Management’s up to Rs28bn IPO has been set at Rs1,095–Rs1,100 per share, according to a term sheet. The IPO is smaller than the previously ...
Standard Life Aberdeen plc (LON: SLA) appears to offer a low valuation and a high yield that could help it to beat the FTSE 100 (INDEXFTSE: UKX).
The chairman of Britain's Standard Life Aberdeen said more clarity was needed on Brexit although he believed the government was listening to the voice of business. "We are now nine months away and we have no further certainty (than a year ago)," Gerry Grimstone said, speaking ahead of a shareholders meeting, adding that important issues like the customs union need to be settled. The British government and business leaders clashed in a deepening row over Brexit at the weekend after a senior minister accused companies of issuing "completely inappropriate" threats about its potential impact.
Standard Life Aberdeen plc (LON:SLA) saw its share price hover around a small range of £3.47 to £3.81 over the last few weeks. But is this actually reflective of theRead More...
Neil Slater, chief executive officer for Japan at Standard Life Plc’s asset management unit, talks about the nation's financial markets, central bank policy and the opportunities he sees. Slater speaks ...
Lloyds Banking Group (LLOY.L) will sell its remaining 97.7 million shares in Standard Life Aberdeen (SLA.L), representing a 3.3 percent stake in the asset manager, Bank of America Merrill Lynch which is running the deal said on Thursday. The sale comes after Lloyds cancelled its 109 billion pound mandate with Standard Life Aberdeen (SLA) in February, citing competition concerns following the 11 billion pound merger of Aberdeen Asset Management and Standard Life. "The holding supported the partnership agreements that were previously in place with Standard Life Aberdeen, but given notice has been served for these agreements, and we are not a natural long-term holder of equities, we have now made the decision to sell the stake," a Lloyds Banking Group spokesman said by email.
** Standard Life Aberdeen -3.6 pct after Lloyds Banking Group sells remaining stake ** Lloyds sells 3.3 pct stake in SLA at 352.5 pence per share - a discount to Thursday's close of 364 pence ** SLA bottom ...
Lloyds Banking Group Plc sold its remaining 3.3 percent stake in Standard Life Aberdeen Plc, the money manager with which it’s locked in arbitration over a large asset management mandate. Aberdeen and Standard Life merged last year with the intention of creating a $1 trillion money manager, a plan that’s been dealt a significant blow by Lloyds’s decision to pull money from the firm. Lloyds is withdrawing 109 billion pounds because it claims that the merger created a competitor to the lender’s own insurance unit.
Lloyds Banking Group will sell its remaining 97.7 million shares in Standard Life Aberdeen, representing a 3.3 percent stake in the asset manager, Bank of America Merrill Lynch which is running the deal ...
Lloyds Banking Group will sell its remaining 97.7 million shares in Standard Life Aberdeen, representing 3.3 percent of the shares of the asset manager, Bank of America Merrill Lynch which is running the ...
Standard Life Investments Property Income Trust Limited (LSE:SLI) outperformed the Diversified REITs industry on the basis of its ROE – producing a higher 12.27% relative to the peer average ofRead More...
Over the past 10 years Standard Life Aberdeen plc (LSE:SLA) has returned an average of 6.00% per year from dividend payouts. The stock currently pays out a dividend yield ofRead More...
The Wall Street giant Goldman Sachs (NYSE: GS-PB - news) has joined the race to manage a £109bn investment management contract put up for grabs by Britain's biggest high street lender. Sky News has learnt that Goldman Sachs Asset Management (GSAM) is participating in a second round of bidding for the Lloyds Banking Group deal, turning the contest into a four-way tussle between some of the world's largest institutional investors. GSAM's involvement will intensify City interest in the process, which was sparked by last year's merger of Standard Life (LSE: SL.L - news) and Aberdeen Asset Management (Frankfurt: 899502 - news) , the latter of which had managed the £109bn contrast since 2014.
Standard Life Aberdeen (LON: SLA) is set to hand over lots of cash to shareholders. Could that drive it ahead of the FTSE 100 in 2018?
Standard Life Aberdeen (SLA.L) on Wednesday said it expected to save an extra 100 million pounds a year in 'efficiency savings' by 2020 after it completes the sale of its insurance business to Phoenix Group (PHNX.L).
Standard Life Aberdeen on Wednesday said it expected to save an extra 100 million pounds a year in 'efficiency savings' by 2020 after it completes the sale of its insurance business to Phoenix Group . ...
Standard Life Aberdeen (SLA.L) plans to return as much as 1.75 billion pounds to its shareholders in the wake of the sale of its insurance business to Phoenix Group (PHNX.L). The investment company aims to hand back 1 billion pounds through a B share scheme and up to 750 million pounds via a share buyback, it said on Tuesday. It comes after SLA struck the 3.2 billion-pound deal to offload its insurance operations in February in a move that will focus the firm on savings and investment products.
Standard Life Aberdeen plans to return as much as 1.75 billion pounds ($2.3 billion) to its shareholders in the wake of the sale of its insurance business to Phoenix Group. The investment company aims to hand back 1 billion pounds through a B share scheme and up to 750 million pounds via a share buyback, it said on Tuesday. The sale to Phoenix is expected to complete in the third quarter and will allow SLA to exit the insurance industry, which is now wrestling with tougher capital rules following the introduction of Europe's Solvency II regulations.
Standard Life Aberdeen (SLA) (SLA.L) has launched a contract dispute process against Lloyds Banking Group (LLOY.L) over the lender's decision to cancel a 109 billion pound asset management contract. Britain's biggest mortgage lender and parent of pensions provider Scottish Widows, told SLA on Feb. 14 that it intended to cancel the mandate at the end of a 12-month notice period, citing competition concerns following the 11 billion pounds merger of Aberdeen Asset Management and Standard Life. At the time, Lloyds said the combined entity had become a "material competitor" to its wealth and insurance units, and it had started a process to find a new manager for the assets, which mainly comprise of lower margin passive equity and fixed income securities.
Lloyds Banking Group hit back at Standard Life Aberdeen today over the fund manager's decision to challenge the end of a £109 billion investment mandate. The FTSE 100 fund manager, led by co-chief executives Martin Gilbert and Keith Skeoch, said the lender had no right to call time on contract because it was not “in material competition” with Lloyds and subsidiary Scottish Widows. A Lloyds spokesman said the claims were “not credible”.