EAMONN FLANAGAN | SHORE CAPITAL
The interim management statement was cautiously upbeat, in our view, with the group reporting total continuing assets under management (AUM) of £290bn. Encouragingly, total platform AUM grew to £22.4bn with further growth in intermediaries and customers using the wrap offering. Auto-enrolment continues to be a key driver of future potential funds accumulation.
NICOLAS ZIEGELASCH | KILLIK & CO
Fee revenue from continuing operations was up 13 per cent and includes the benefit from the acquisition of Ignis. Standard Life Investments continues to deliver strong investment performance in volatile markets with third-party assets under management from continuing operations now £158.9bn. The balance sheet remains strong and resilient.