Aberdeen Asset Management's head of acquisitions Hugh Little is to retire from the business after almost three decades at the fund house.
Aberdeen Asset Management is to merge away five funds formerly managed by Scottish Widows Investment Partnership (SWIP) as it continues to rationalise its range.
Aberdeen's Fran Radano and Paul Atkinson, managers of the £275m North American Income trust, said recent concerns about US earnings pressures have been overstated, as they question whether it is even possible to identify ‘normalised earnings' for this...
Aberdeen Asset Management will consider additional acquisitions following its purchase of Scottish Widows Investment Partnership (SWIP) last year, chief executive Martin Gilbert has said.
Aberdeen has reported a worse than expected £11.3bn outflow for the six-month period to the end of March despite a rise in revenues over the period.
Tne of the biggest investment fines
Lloyds Banking Group has boosted the FTSE 100 this morning but politically-sensitive sectors have begun to feel the bite of election season.
The volume of assets held in underperforming funds has fallen by a quarter, although the number of funds has increased, according to Chelsea Financial Services' latest RedZone list.
Aberdeen Asset Management has appointed Mike Brooks from Baillie Gifford as co-lead manager on its Diversified Growth strategy, alongside Mike Turner.