Scottish Investment Giants Complete $14 Billion Merger
Aberdeen Asset Management and Standard Life combine to form investment titan
Aberdeen Asset Management, which has its headquarters in the same city it is named for, and Edinburgh-headquartered Standard Life announced the completion of their merger on August 14.
The two firms had initially announced plans to combine in March 2017.
The new firm, Standard Life Aberdeen, administers £670 billion ($862 billion) while its new investment arm—Aberdeen Standard Investments—will have around £583 billion ($750 billion) in assets under management.
Both Keith Skeoch, CEO of
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