Aberdeen Asset Management

AAM's Gilbert defies world view to call time on credit crunch ONE of Scotland's highest profile fund management figures has called an end to the credit crunch, a rare positive voice for the sector.

Hedge fund ups AAM stake TOSCAFUND, the London-based hedge fund which has been building a major stake in Aberdeen Asset Management, yesterday revealed it had upped its stake in AAM to 18.2 per cent.

Aberdeen joins major players with property deal ABERDEEN Asset Management yesterday braved the weakening commercial property sector, making a £130 million acquisition which put it among the ten largest property management companies in the world.

Landsdowne ponders flotation LANSDOWNE Partners, which owns a 10.4 per cent stake in Aberdeen Asset Management, is believed to be considering a public flotation to raise cash, which would allow it to hit the acquisition trail.

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