Tag Archive: Aberdeen Asset Management
RBS sells stake in asset management business
Royal Bank of Scotland (RBS) has sold a substantial interest in its asset management business to Aberdeen Asset Management (AAM), for £84.7 million. The deal includes the investment strategies unit of RBS Asset Management and involves the transfer of RBS … Read more
Credit Suisse sells GI business to Aberdeen Asset Management
Investment bank Credit Suisse has announced that it has successfully sold off a portion of its Global Investors traditional asset management business to Aberdeen Asset Management. Credit Suisse now holds 240m Aberdeen shares equating to an equity stake of 24% … Read more
Credit Suisse sells part of Global Investors business
Investment bank Credit Suisse has announced that it is to sell off part of its Global Investors asset management arm. In return the Swiss bank will acquire 24.9% of Aberdeen Asset Management’s enlarged share capital, a stake worth an estimated … Read more