STANDARD LIFE gets a bashing in The Times because of its decision to sell about £4bn worth of shares...
STANDARD LIFE gets a bashing in The Times because of its decision to sell about £4bn worth of shares in a retreat from the stock market while at the same time criticising competitors for remaining firmly attached to sales of bond products. The company's flagship with-profits fund has decreased its weighting towards shares from 76% to 57.1% so far this year, shifting into cash and bonds instead. The Times says the company has done little to announce the shift in assets held. A DEAL IS in the making to guarantee greater independence of equity research in the US following ...
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