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Aberdeen profits boost

Aberdeen Asset Management profits soared by 76 per cent year ending September as result of strong UK retail growth and buoyant sales of ISAs.


Pre-tax profits were up from £8.7m to £15.3m year ending September 30 compared to the same time last year. Assets under management rose 23 per cent to £16.1bn.


AAM chief executive Martin Gilbert said the performance represented “the best ever period of organic growth in the group&#39s history.”


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