UK - Standard Life Investments' (SLI) third party funds under management (FUM) remained constant at £47.5bn (US$92.8bn) during the first half of 2008 and now represent 36% of total FUM.
Total FUM decreased by 9% compared to the year end. Standard Life said the plunge predominantly reflected the annuity reinsurance transaction entered into in February 2008, which reduced FUM by £6....
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