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Aberdeen protests to AITC over Godfrey&#39s comments

Aberdeen Asset Management has fired off letters to the Association of Invest-ment Trust Companies complaining about the evidence that director-general Daniel Godfrey gave to the Treasury select committee in July.

It is understood that the company is unhappy at some of the comments made by Godfrey at the committee hearing into the splitcap debacle when he apologised for the way the sector has collapsed.

Aberdeen is believed to dispute some of the comments Godfrey made to the committee.

He said he was concerned about possible collusion between providers. Aberdeen is pushing for him to make corrections before submitting further evidence.

Some trusts have attacked Godfrey&#39s stance in off the record briefings although F&C, which has no split caps, has defended his actions.

An Aberdeen spokesman says: “We are discussing some points and we are sure they will be addressed. But that is between us and the AITC.”

An AITC spokeswoman says: “We represent a diverse range of companies and sometimes we agree with them and sometimes we strongly disagree with them. We always encourage a healthy debate.”

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