800 jobs to go in Standard Life/Aberdeen merger
Standard Life Investment and Aberdeen Asset Management will make 800 job cuts once their £11bn merger deal is finalised.
Aberdeen Asset Mangement
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Aberdeen boss Martin Gilbert joins Glencore board
Outspoken Aberdeen Asset Management chief Martin Gilbert is rolling up his sleeves to become a non-executive director on the board of mining giant Glencore.
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M&A: the ‘new normal’ in UK asset management
The merger of Standard Life and Aberdeen is a sign of the times in asset manager consolidation, but who will be the winners and losers from the trend?
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Former Aberdeen man joins Fidelity to boost real estate team
Fidelity International is pushing harder into property with the hire of another portfolio manager as it witnesses growing demand for the asset class.
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PA ANALYSIS: Aberdeen/SL deal ushers in new wave of M&A
After being forced to confirm discussions about a potential £11bn merger, does the consolidation of Standard Life and Aberdeen Asset Management prove a new wave of M&A in fund management is on its way?
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Aberdeen and Standard Life shares skyrocket on merger deal
News of Standard Life’s agreement to purchase Aberdeen Asset Management has seen shares in both companies take off, with the former climbing to its highest value in over a year.
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Standard Life and Aberdeen agree £11bn merger
Standard Life and Aberdeen Asset Management have agreed to merge in an astonishing £11bn deal, following a weekend of intense talks.
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Aberdeen outflows hit £10.5bn; more expected
Aberdeen Asset Management was hit by £10.5bn outflows in fourth quarter of 2016, including £4.2bn equity redemptions from an unamed UK wealth manager and sovereign wealth fund.
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Aberdeen’s Duce swaps MA team for distribution role
Graham Duce, a key figure in Aberdeen’s multi-asset team has moved roles to work in the asset manager’s distribution team.
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Aberdeen hit by £32.8bn of net outflows
Aberdeen Asset Management has reported £32.8bn of net outflows with negative economic and political newsflow having “weighed on investor sentiment”, according to chief executive Martin Gilbert.
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Gilbert sells £5.3m stake in Aberdeen AM
Aberdeen Asset Management chief executive Martin Gilbert has sold a £5.3m stake in the business through a deferred share exercise.
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Aberdeen raises £115m for residential property fund
Aberdeen Asset Management has raised £115 million of equity to invest in the UK private rented sector (PRS).