Ryan Hughes is planning to increase exposure to Europe in the Apollo multi-asset portfolios in one of his first asset allocation moves since joining the firm.
Australian banking giant Macquarie Group has moved to scupper Aberdeen Asset Management's deal to buy Scottish Widows Investment Partnership (SWIP) after making a £500m cash offer for the business, according to reports.
Aberdeen Asset Management could cut 150 jobs if the deal to acquire Scottish Widows Investment Partnership (SWIP) goes ahead, according to reports.
A planned deal which would create one of the largest asset managers in Europe grabbed our readers' attention this week.
Aberdeen Asset Management has confirmed rumours it is in talks to buy Scottish Widows Investment Partnership (SWIP) in a deal which would make it the largest listed fund management firm in Europe.
UBS has upgraded Aberdeen Asset Management from neutral to buy after the group confirmed it is in talks to buy Scottish Widows Investment Partnership (SWIP).
Shares in Aberdeen Asset Management have jumped more than 5% in afternoon trading, after the group confirmed it is in talks to acquire Scottish Widows Investment Partnership (SWIP).
Aberdeen Asset Management and Macquarie Group are the two remaining bidders battling it out for Scottish Widows Investment Management (SWIP), Investment Week understands.