Aberdeen completes Artio acqusition
Aberdeen Asset Management has completed its acquistion of US-based fund group Artio Global Investors for $179.7m (£118.3m).
Aberdeen Asset Management has completed its acquistion of US-based fund group Artio Global Investors for $179.7m (£118.3m).
Which of these fund managers explained an automatic rule in how he runs his UK Equity fund when he said: “If I own it and its share price goes down, I buy more.”?
Aberdeen is the star of the investment trust world, managing six of the 20 best performing trusts over the past decade according to stats provided by the AIC.
The Aberdeen Global Emerging Markets Sicav and Oeic have reached a combined £15bn, and in March the firm took steps to stem inflows by imposing a 2.1% management fee across the range. What more do they have to offer?
Aberdeen has increased its interim dividend by 36% to 6p per share following a 34% increase in profits over the past 12 months.
The £300m Edinburgh UK Tracker Trust has been renamed Aberdeen UK Tracker Trust as part of measures to raise its profile to UK investors.
The price of gold may have fallen another $125 per ounce on Monday its greatest one-day loss ever but some retail investors in Hong Kong and mainland China are buying more of it, rather than selling, according to a columnist for the South China Morning Post.
From an investment point of view, emerging markets have had a fairly tough time in the past couple of years, with funds in the IMA’s Global Emerging Markets category returning on average 7% in the past year compared to 9.3% from the MSCI World Index.
Paul Griffiths, global co-head of fixed income at Aberdeen, has left to pursue other opportunities after a four year stint at the asset manager.
Aberdeen Asset Management's AUM increased 10% in the first two months of the year, with strong flows into its GEM products seemingly unstoppable.
Aberdeen has unveiled a Strategic Bond Fund, to be managed by its London-based global credit team.
Aberdeen has made two acquisitions worth a combined £130m as part of its expansion in North America.