SLA commits to improving fund performance as outflows rise

Co-CEO relationship 'exceeding expectations'

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Keith Skeoch (left) and Martin Gilbert, co-chief executives of Standard Life Aberdeen
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Keith Skeoch (left) and Martin Gilbert, co-chief executives of Standard Life Aberdeen

Standard Life Aberdeen (SLA) has reported outflows of £16.6bn in the first half of 2018, higher than the £12.4bn reported for the same period last year, with the group saying it is focused on improving performance in its GARS, emerging markets and global equities strategies.

The merged group also reported adjusted profit before tax had fallen to £478m from £521m last year while assets under management and administration (AUMA) had dropped from £627bn at the end of the first...

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