Q1 2019 AUMA update

RNS Number : 9336Y

Standard Life Aberdeen plc

14 May 2019

 

Standard Life Aberdeen plc

Q1 2019 AUMA update      

14 May 2019

Standard Life Aberdeen plc today confirms its assets under management and administration ('AUMA') as at 31 March 2019.

AUMA

	31 Dec 2018 £bn	31 Mar 2019 £bn
Institutional, Wholesale, Wealth and Digital	250.1	254.4
Strategic insurance partners	255.0	265.0
Asset management	505.1	519.4
Retail - Wrap and Elevate	54.2	57.6
Eliminations	(7.8)	(8.1)
Assets under management and administration	551.5	568.9

AUMA increased by 3% to £568.9bn (31 Dec 2018: £551.5bn) helped by positive market movements that were partly offset by the strength of Sterling. Gross inflows were boosted by £3.5bn of assets from Virgin Money, with whom we are launching a joint venture¹. Net outflows continued to be concentrated in a small number of strategies. AUMA also benefited from the acquisition of Orion Partners, an Asia-based real estate manager, which added assets of £0.7bn.

Notice of results

Standard Life Aberdeen will be issuing its half year results 2019 on 7 August 2019.  Further details will be provided in due course.

For further information please contact:

Institutional equity investors		Retail equity investors
Jakub Rosochowski*	0131 245 8028 / 07515 298 608	Link Market Services*	0345 113 0045
Neil Longair*	0131 245 6466 / 07711 357 595
Media		Debt investors
Katy Hetherington*	0131 245 2283 / 07841 344 374	Nick Mardon*	0131 245 6371
James Thorneley*	0207 463 6323 / 07768 556 334
Iain Dey, John Kiely (Smithfield)	0203 047 2528 / [e-mail]

*Calls may be monitored and/or recorded to protect both you and us and help with our training. Call charges will vary.

¹  The joint venture with Virgin Money is expected to complete in Q3 2019.

Standard Life Aberdeen plc's LEI Code is 0TMBS544NMO7GLCE7H90

Standard Life Aberdeen plc is registered in Scotland (SC286832) at 1 George Street, Edinburgh, EH2 2LL.
www.standardlifeaberdeen.com  © 2019 Standard Life Aberdeen, images reproduced under license. All rights reserved.  

 

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