Business as usual for Parmenion, as we remain ‘ring-fenced’, following the Aberdeen and Standard Life merger
Aberdeen Standard Investments is now one of the largest active fund managers in Europe, offering clients access to a comprehensive range of developed and emerging market equities, multi-asset, fixed income, real estate and alternatives solutions. The pensions and savings business, Standard Life, enjoys an industry leading position in the UK providing high-quality pensions and savings solutions to around 4.5 million customers.
For us here at Parmenion, the message remains the same – business continues as usual as we grow our business and develop our capabilities.
Martin Gilbert and Aberdeen have been very supportive of Parmenion, and his latest quote is extremely positive for us;
“A key factor in our decision to acquire Parmenion was securing an agile business with the potential to create transformational change in the market. This led us to ring fence the company from the rest of the group and back Martin Jennings, with his senior team, to drive the business forward. I am delighted to say that approach has proved to be the right one, as evidenced by their record breaking growth.
Following the merger between Aberdeen and Standard Life, there are no plans to change this”.
See a video interview with Chief Executives Martin Gilbert and Keith Skeoch on the strategic logic of the merger
“The above article is intended to be a topical commentary and should not be construed as financial advice from either the author or Parmenion Capital Partners LLP. If a client wishes to obtain financial advice as to whether an investment is suitable for their needs, they should consult an authorised Financial Adviser. Past performance is not an indicator of future returns.”
Any news and/or views expressed within this document are intended as general information only and should not be viewed as a form of personal recommendation. All investment carries risk and it is important you understand this. If you are in any doubt about whether an investment is suitable for you, please contact your financial adviser.