AUSTRALIA - Aberdeen Asset Management has agreed to acquire Deutsche Australia's failing Australian fund management businesses (the "Australian Target Businesses") for A$148m (£61m).
The Australian Target Businesses comprise an Australian equity and fixed income and money market unit trust business with A$3.5bn in assets under management (AuM), an equity segregated mandate busi...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here