In the Margins

Aberdeen CEO says firm not for sale

November 19, 2015

By Barron's

Aberdeen Asset Management CEO Martin Gilbert has told Bloomberg Television that the firm is not for sale. “We don’t want to be sold. It’s a great advantage being an independent asset manager. Emerging markets will come back. Asia will come back,” Gilbert reportedly said. Speculation that Aberdeen was on the block followed an article in the Financial Times last month. Read the original story from Barron's.

 

 

Most Read

Top of the Agenda - Governance
Fewer women, minorities among new fund directors

After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...

Top of the Agenda - Compensation
IDC: Fund director pay climbs again in 2024

Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...