Standard Life Aberdeen Share Discussion Threads

[ramellous] 11/6/2019 13:23

Sharecast News) - Standard Life Aberdeen (SLA) is in talks over an acquisition of Grant Thornton's wealth advisory business for around £30m, according to a report from Sky News.
Standard Life previously expanded its financial advice services through a number of acquisitions before its merger with Aberdeen Asset Management in 2017, snapping up financial advisory firms that included London-based Baigrie Davies, Jones Sheridan in Crewe and The Munro Partnership in Scotland.

If it goes ahead, the deal would reportedly add a further 100 employees to the FTSE 100-listed company's 1825 financial advice arm, including a handful of partners and roughly 30 individual financial advisers (IFAs).

The report quoted a city source as asserting that Grant Thornton's management had decided to explore a sale of the IFA business in order to streamline its focus and avoid the increased scrutiny being directed at the UK audit profession is under unprecedented scrutiny.

[chinese investor] 11/6/2019 08:55

True !

Chinese Investor (SLA) 05 Apr 2019 - 10:48:45
Looking at the long time graph, and taking in account the diminished business, the "natural" price would be around 300p.

[chinese investor] 11/6/2019 08:12

...And Up !

[chinese investor] 07/6/2019 10:35

Volatile Thingy with a Slight Up Trend !

[retsius] 06/6/2019 07:21

MCunliffe1

Very droll.

The cynic in me says "nice work if you can get it"

Let's see what she can do for SLA in the coming months before marking her score card.

R.

[mcunliffe1] 05/6/2019 08:34

Joined with a whopping payment to say hello I believe.
I can only hope that was to reflect her stunning ability and SLA's need for somebody with immense talent (clearly, current senior employees lack such and were unable to be promoted).

I worry though that the "hello enticement" reflects the poisoned chalice of her job.

Still, if all fails she'll get a golden goodbye and possibly move back to PWC as a partner (again).

[retsius] 04/6/2019 22:59

Apologies have corrected my statement, should have read ,CFO.
Stephanie Bruce, started this week!
R.

[mcunliffe1] 04/6/2019 22:17

Might these be their funds that are "gated"?

Very fluid.

What new CEO?

Oh, I doooo love optimists :-)

[retsius] 04/6/2019 20:17

Chinese investor

Yes the' Woodford effect' is pushing the price higher as funds will be re- directed into other investment houses.

Nice piece of luck for the new CFO , just installed,which I always find good for a company.

Quite optimistic for further rises tomorrow.
R.

[chinese investor] 04/6/2019 12:49

300p now on the horizon !

[chinese investor] 04/6/2019 12:48

The Neil Woodford problems must be helping us.

[saltaire111] 04/6/2019 12:07

Just a reversal of yesterday.

[retsius] 04/6/2019 11:43

any info about today`s rise?

[chinese investor] 04/6/2019 08:35

"Standard Life Aberdeen plc announces that it has received notification from Melanie Gee, a non-executive director, that she has been appointed as a Non-Executive Director and Chair-designate of Syncona Limited with effect from 4 June 2019."

[uppompeii] 30/5/2019 11:00

SL Global Smaller Companies has been an outstanding performer over the last few years, hopefully you have some of these to offset the less than sparkling UK returns.

[chinese investor] 30/5/2019 09:57

We should get a spike on the LLOY payment !

[chinese investor] 30/5/2019 09:21

MCunliffe1,
£5 will not be revisited because of the reduced business.
My target is £3 !

[mcunliffe1] 30/5/2019 09:19

Whilst my Standard Life Pension has gone down. Well, the Managed and the U.K. Equity elements. The With Profit parts (with the 4% fund price growth promise per year) head upwards, but will undoubtedly be restrained overall by the inevitable reduction in the Terminal Bonus payment when it's recalculated in August.

But, hey - TODAY the share price is up.

When do you think it will reach the heady heights of £5.00 Chinese Investor - last seen in mid 2015?

[chinese investor] 30/5/2019 08:19

...And Up !

[chinese investor] 22/5/2019 10:05

...And Up !

[chinese investor] 22/5/2019 09:59

Good Post !

[ramellous] 21/5/2019 14:31

might be of interest...

Sharecast News) - Asset manager Standard Life Aberdeen reported an increase in first-quarter assets on Tuesday as it got a boost from Virgin Money.
Assets under management and administration ticked up 3% to £568.9bn as at 31 March 2019, helped by positive market movements. SLA said gross inflows were lifted by £3.5bn of assets from Virgin Money, with whom it is launching a joint venture.

Meanwhile, net outflows continued to be concentrated in a small number of strategies. AUMA also benefited from the acquisition of Asia-based real estate manager Orion Partners, which added £0.7bn of assets.

Numis said AUMA were slightly ahead of the £561bn it had forecast, with about half of the £7.9bn difference to its forecast being due to the earlier-than-expected impact of the Virgin Money JV and the "tiny" acquisition of Orion.

"We still think SLA offers value on a sum-of-the-parts basis, with future catalysts including further disposals of non-operating assets, the ongoing efficiency program, greater focus on the growing (and potentially high value) platform business and possible long-term operating business recovery," it said.

[spud] 21/5/2019 13:33

Down? Must be watching a different stock. spud