Worries about outflows from Standard Life’s flagship multi-asset strategy hit its shares, ahead of an £11bn (€12.2bn) merger with Aberdeen Asset Management to form the UK’s largest active manager.

Standard Life has given customers access to one of its top-performing funds.

STANDARD Life Ireland significantly outperformed the Irish pensions and investments market last year, by generating annual sales growth of 5% against a combined market which fell nearly 30%.