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Aberdeen Asset Management…

Aberdeen Asset Management has acquired EquitiLink Group for $80m. The Australia-based group manages five North American closed-end funds with total assets of $2.7bn investing mainly in Asian fixed-interest securities and equities. AAM already has an office in Singapore managing £1.7bn of Asian equities, which will now be more than doubled to £3.8bn. The total assets managed by AAM, following the acquisitions of EquitiLink Group, Murray Johnstone and Barclays Property Investment, will now be £29.3bn.

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Aberdeen buys EquitiLink Group for $80m

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Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.

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