Four quit Aberdeen as investment unit reshuffles
SWIP chief exec Dean Buckley is leaving the company with three other directors as the asset manager reshuffles its investment division.
SWIP chief exec Dean Buckley is leaving the company with three other directors as the asset manager reshuffles its investment division.
With Spencer on board, the team is aiming to grow assets under management to £3bn in its MM Navigator and Lifestyle ranges over the next years.
The green light has been given to create Europe's largest listed asset management group
Murray International pots worst performance in “a very long time” as Stout's calls cost Aberdeen £5.3m
European asset managers are set to rationalise their fund ranges further, but at a corporate level a widespread M&A spree is unlikely.
There is a clear consensus among financial advisers and wealth managers that interest rates will rise in 2015 in the UK and US – the question to answer is how this will impact their fixed income buying decisions.
Aberdeen Private Equity fund has blamed the fall of the dollar against sterling for its 5.8% drop in share price over the six months to 30 September, declining to 103.6p.
Shares in Aberdeen Asset Management have surged after the fund house confirmed it is in discussions with Lloyds Banking Group over a possible acquisition of Scottish Widows Investment Partnership (Swip) and the creation of a strategic alliance with the state-backed lender.
It may have been mere rumour and speculation a couple of days ago, but there could well be something in the story of serial acquisitor Martin Gilbert, Aberdeen Asset Management’s chief executive, taking a look at SWIP, the investment arm of Lloyds Banking Group.
Old Mutual's Ian Heslop looks at the surprising sectors investors are favouring in the US.
The motivation behind making a commitment to an ethical fund varies, and the importance of the underlying moral stance will of course be different from investor to investor.
Aberdeen Asset Management reported new business of £9.7bn and a dip of 1% in its AUM for Q2 2013 in its interim management statement.