Standard Life Share Discussion Threads

[chesty1] 21/10/2016 08:21

Still far to cheap, Barclays can do one....

[chinese investor] 20/10/2016 14:58

I agree with CHESTY MORGAN !

[chesty1] 20/10/2016 14:54

Looking nice again today.

[chesty1] 20/10/2016 11:14

Divi has now been re-invested let's get heading back north now.

[chinese investor] 19/10/2016 15:48

FTSEs doing well !

[chesty1] 19/10/2016 15:47

Looking much better

[chesty1] 19/10/2016 13:30

Divi in my account and will be safely invested back into sl. Tomorrow.

[spcecks] 19/10/2016 12:15

Would also say positive for SL.

[big7ime] 19/10/2016 10:19

It has to e a positive

[cyberian] 18/10/2016 23:10

Government U turn on annuity funds change introduced by Osbourne last year may be a positive/sensible move for the market..interesting arguments from opposite opinions but on balance seems to be the right one by the majority...any views?

[chesty1] 18/10/2016 10:23

460 sounds very nice... better than bloody Barclays

[big7ime] 18/10/2016 09:28

Buy rec from Macquarie and upgrade to 460p which happens to be my tgt based on inverted H&S over last 6mths and yield. The fund performance has improved since Aug and the drop in sterling accelerates that

[caradog] 17/10/2016 20:44

I apologise. The person who wrote the RNS was in fact communicating in Frontier Gibberish. I've found this clip of him talking at the last AGM:



:)

[toffeeman] 17/10/2016 19:01

...... hmmmmm

[chesty1] 17/10/2016 18:59

Caradog they have already RNS'ed it before close today.

[caradog] 17/10/2016 18:13

From the BBC financial news website:

You may recall that last week the chief City regulator, the Financial Conduct Authority (FCA), said that about 90,000 people should be compensated for being given a bad deal when they bought an annuity, sometime between 2008 and 2015.

Now Standard Life says it is one of the firms which is having to go back through its past annuity sales, to see who might be eligible for a payment.

"At the request of the FCA, Standard Life will conduct a review of all non-advised annuity sales from July 2008 to identify whether our customers received sufficient information about enhanced annuities to make the right decisions about their purchase," the life insurer says.

"It is not yet possible to determine a reliable estimate of the quantum of any redress associated with this process."

At issue was the failure of insurers to tell customers in poor health that their conditions meant they could receive an "enhanced" annuity with higher payouts, or indeed shop around for one.

[spcecks] 17/10/2016 14:46

Yes CHESTY1 will also reinvest divi.

[chesty1] 17/10/2016 13:36

Divi day in two days time, has everyone set up up to re-invest...I have.Bring on the divi payment and then let's get heading north again.

[petewy] 14/10/2016 13:04

Thanks (Diolch)both. But the dividend carrot is inviting longshot setbacks. IMO DYOR

[uppompeii] 14/10/2016 12:57

Check out their Global Smaller Companies fund, I'm pretty pleased with a couple of years in that.

[cyberian] 14/10/2016 12:46

In last nights Evening Standard, it mentions Barclays analyst Alan Devlin saying SL.'s flagship fund being poor over the last 18 months, BUT, "we have seen a similar experience at flagship funds at both Hendersons and M&G (owned by PRU), where earnings estimates have declined 10% and 20& respectively." Inflows and outflows are always happening and I see MAN and another large fund after past heavy outflows, have recently seen better inflows. The SL. Fund still shows a fantastic 3 and 5 year return, and with continuing market volatility the Managers of the fund will have adequate opportunities to recover, and exploit positions accordingly.

[chesty1] 14/10/2016 12:12

Market looks to be disagreeing with Barclays. Picked some up on the cheap yesterday thank you Barclays now do one....

[speedsgh] 14/10/2016 11:55

Bit more info on yesterday's Barclays downgrade here...

Barclays downgrades Standard Life on GARS fund fears -

Poor performance from Standard Life’s (SL) flagship £26 billion Global Absolute Return Strategies (GARS) fund has led to Barclays to downgrade the investment and savings group.

Analyst Alan Devlin cut his recommendation from ‘equal weight’ to ‘underweight’ and reduced his share price target from 316p to 301p. He said the previous success of the fund, which invests in a wide range of assets and strategies and aims to always deliver a positive return to investors, had worn off.

‘Global Absolute Return Strategies (GARS) has been an impressive success story for Standard Life, driving the majority of net inflows for the past six years,’ he said.

‘However, the fund’s performance has been poor over the past 18 months, and this has started to drive outflows...We believe the GARS outflows could persist through the remainder of the year and through 2017, and we reduce our forward estimates for Standard Life by up to 5%,’ said Devlin.

Standard Life shares dropped 5.3%, or 18p, to 330.5p.

The analyst said Prudential was now his top pick in the sector. Its M&G investment arm had has seen net inflows for the past three months into its flagship Optimal Income bond fund run by Richard Woolnough.

[chinese investor] 14/10/2016 11:37

Anyway FTSE returns to going up !
345p Soon !