LONDON (Reuters) - Standard Life and Aberdeen Asset Management expect to cut 800 jobs, nearly 10 percent of the firms’ combined workforce, as part of a merger to create Britain’s biggest listed investment manager. The companies said they planned to.
It was a rookie error for a veteran dealmaker and one that did not escape the notice of job -protecting Scottish politicians. Launching the £11bn all-share combination of Aberdeen Asset Management with Edinburgh-based rival Standard Life in March.
Standard Life and Aberdeen Asset Management keep it fair with near-equal split on new investment committee ahead ... City A.M.
Aberdeen Asset Management and Helios Investment Partners are taking steps to embrace gender diversity while encouraging women to take up a career in investment management. The firms are funding a new leadership program to help fix the gender .
At the end of four quarters, Aberdeen Fund Managers Ltd. boasted eight employees and a gross profit of $112. The little Scottish startup would eventually become Aberdeen Asset Management Plc, one of the U.K.'s largest money managers, its headquarters .
Aberdeen Heads to Standard Life Merger With Slowing Outflows Bloomberg.
Standard Life is showing signs of sub-standard governance, Lloyd's chief's job is done and Big Four play audit chess City A.M.
Competition regulator to investigate Standard Life Aberdeen deal Money Marketing.
Mergers among active managers could pick up as many have struggled to attract investors amid the rising popularity of low-cost, passive investment strategies. In early March, for example, Standard Life agreed to buy Aberdeen Asset Management in a deal .
Andrew Paul is still finding his feet in the UAE, having moved from London to Abu Dhabi with his employer, Aberdeen Asset Management , last September to take on the new role of senior executive officer in the Middle East. The 37 year-old Scot, who.
“I failed to get into lots of things — international banking, the Foreign Office,” says Mr Young in an interview at the Singapore offices of Aberdeen Asset Management . “I fell into ... Looking for a spark in a job applicant can be harder in Asia, Mr.
A big merger in the asset - management industry The Economist.
Aberdeen Asset Management has its name on the European Tour, and putting greens in its London office reception area. Gilbert, the ... It could be argued that he has been practicing for a deal of the Standard Life-Aberdeen scale for his entire career.
quot;Nothing here is going to dissuade the Fed from its rate hiking cycle though," said James Athey, senior investment manager at Aberdeen Asset Management . "With unemployment below 4.5 [percent], the jobs market is the least of the Fed's worries. There's.