Aberdeen ramps up growth strategy with double acquisition

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Aberdeen has hit the acquisition trail with two new deals, agreeing to buy US asset manager Artio Global Investors and taking a majority stake in private equity fund of funds business SVG.

Aberdeen will pay around £112m in cash for Artio, which had roughly £9.2bn in retail and institutional assets under management as of 31 December 2012. That asset base includes a £2.9bn global eq...

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