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Standard Life takes £473m hit after stock market rally dents hedges
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Standard Life takes £473m hit after stock market rally dents hedges
Standard Life swung to a loss in the first half of the year after the market moved against positions the firm had taken to shield itself against volatility. The FTSE 100 pensions giant posted an overall loss of £179m for the first six months of the year, driven by £473m in paper losses on financial [...]
7 Sept, 06:39
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