View more on these topics

Aberdeen Asset Management splashes out on property firm

Aberdeen Asset Management has announced the purchase of Goodman Property Investors for £89m.

Aberdeen, through its wholly-owned subsidiary Aderdeen Property Investors Holding, will also pay £8.4m which is linked to the group’s assets upon completion of the deal at the close of business today, with a further £12.5m dependant upon asset under management flows in the next 12 months.

The deal brings Aberdeen Property Investors’ assets under management to £24bn.


Towers Perrin slams whole-market plan

Towers Perrin claims the retail distribution review has failed to recognise that tied or multi-tied advisers can in many cases deliver a better service than whole of market advisers.

Harvest festival

Barings is the latest firm to respond to growing investor interest in the agriculture sector, with a fund planned for the third quarter of this year.


News and expert analysis straight to your inbox

Sign up


    Leave a comment