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Standard Life hiring institutional salespeople

Head of business development James Aird explains the strategy behind recent firings at Standard Life Investments and says the firm is now recruiting institutional salespeople.
Standard Life Investments says our story about it firing its CEO and shedding staff in Asia ("Standard Life closes investment function in Asia" by Liz Mak, 23 March) did not account for the firm's strategic shift and planned expansion in institutional business. James Aird, Edinburgh-based head of business development, says the firm has decided to refocus from a wholesale to an institutional asset-gathering business model in Asia. "We're good at doing institutional business in the UK,…
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