It has been confirmed that Standard Life are having exclusive and advances discussion with Pheonix Group Holdings, in order to potential buy Ignis Asset Management.

Standard Life alone manages £224 billion of assets. Ignis Asset Management is responsible for £65.6 billion of assets under management, and provides a range of investment services including fixed income and real estate.

The discussion is ongoing and there is no certainty to it will result in an acquisition.

Funds Talent - company acquisition

SOURCE: Funds Europe 2014

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