Standard Life Aberdeen share price: what to expect from its half-year results

Over two years have past since Scottish chiefs Keith Skeoch and Martin Gilbert hashed out a plan to create the UK’s largest asset manager, but investors are still waiting for the deal to bear fruit ahead of its half-year earnings.

When is Standard Life Aberdeen’s results date?

Standard Life Aberdeen (SLA) will unveil its half-year results on August 7.

Standard Life Aberdeen’s results preview: what does the City expect?

Two years after Standard Life Investments and Aberdeen Asset Management merged to create the UK’s largest asset manager and investors are still waiting to see the deal bear fruit, with its share price tumbling more than 30% since being formed.

The £11 billion deal was meant to create a major active fund manager capable of becoming a European powerhouse and have the size to compete against the rise in passive fund management, but the merger has failed to create value for shareholders.

With the asset manager’s half-year results coming up next week, its bosses are under increased pressure to convey how it plans to generate value for shareholders who have grown impatient.

In its 2018 annual results, Skeoch told shareholders to remain calm and embrace its long-term growth strategy that will see the business benefit from its increased economies of scale that help lower costs.

‘We are working hard to deliver what is within our control,’ Skeoch said in its annual results. ‘Our integration process is running ahead of schedule and is now roughly 75% complete even though we are less than halfway through the original timetable.

‘We are encouraged by improvements in investment performance in key areas, and our ‘new active’ capabilities mean that we are set up well to capitalise on the trends and opportunities shaping our industry – while continuing to deliver value and returns for our shareholders,’ he added.

SLA is hoping that their hard work will stem capital outflows plaguing asset managers, as investors look to de-risk amid a myriad of macro-economic headwinds.

Practise trading SLA and other financial services stocks with an IG demo account.

Lloyds settles £100 billion funds row with Standard Life Aberdeen

One bright bit of news for investors ahead of SLA’s half-year results is that it will retain the management of £100 billion worth of assets after settling a longstanding legal row with Lloyds Banking Group.

The high street lender agreed to pay SLA around £140 million to settle a disagreement over who had the right to manage the assets.

The settlement and allocation of funds in favour of SLA is welcome news and will help reduce investors fears about capital outflows from the asset manager.

IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

Please see important Research Disclaimer.

European Central Bank meeting

Learn about how the ECB meeting affects interest rates and price stability ahead of the next announcement.

  • How might the next meeting affect the markets?
  • What are the key rate decisions to watch?
  • Why is the Governing Council announcement important for traders?

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.


Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.

The Momentum Report

Get the week’s momentum report sent directly to your inbox every Monday for FREE. The Week Ahead gives you a full calendar of upcoming key events to monitor in the coming week, as well as commentary and insight from our expert analysts on the major indices to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.