Aberdeen Asset Management CEO Martin Gilbert has said he has resisted "a lot of interest" from rival firms and still plans for the group to remain independent.
The emerging market specialist has been the subject of bid rumours after suffering almost three years of outflows. Its share price plummeted 59% from a peak of 508p in April 2015 to 209p in February 2016 and the firm was demoted from the FTSE 100 to FTSE 250. However, in an interview with Bloomberg Television last week, Gilbert (pictured) said he has managed to fend off potential buyers from Europe to Australia, and also expects to be at the helm of the asset manager in five years' time. A spokesman for Aberdeen added the company has never had a formal approach. "I have never tried...
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