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Article: BOUTIQUE VIEW: Noise abatement.
- Article from:
- Money Marketing
- Article date:
- October 1, 2009
CopyrightCOPYRIGHT 2009 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Freshly crowned as one of the UK's biggest asset managers, Aberdeen might seem an odd choice for a column on boutiques.
But the firm's path from #50m of assets on launch in 1983 to #120bn after this year's Credit Suisse acquisition shows how far smaller firms can go in the fund industry.
Key to Aberdeen's progression has been management continuity, with CEO Martin Gilbert involved in the initial #50m MBO from an Aberdeen-based investment trust.
Other key individuals such as equity head Hugh Young have also been with the firm since the 1980s and this basic stability has shaped the character of the business.
Another key facet of ...