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Standard Life joins Aberdeen at wrong end of fund sales table

Continuing withdrawals from struggling GARS raise questions for Standard Life in the retail funds market

By

Mark Cobley

Standard Life Investments has suffered the second-worst outflows from its mutual funds of any of its rivals in Europe over the last 12 months
Standard Life Investments has suffered the second-worst outflows from its mutual funds of any of its rivals in Europe over the last 12 months Photo: Getty Images

Standard Life Investments has suffered the second-worst outflows from its mutual funds of any of its rivals in Europe over the last 12 months, joining Aberdeen Asset Management - which Standard Life is taking over - near the bottom of the sales rankings.

According to the latest figures from Morningstar, investors pulled €8.3bn from Standard Life's funds in the 12 months up until the end of May.

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