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Bloomberg (Free subscription) | 11/04/2009
Nov. 4 (Bloomberg) -- China should withdraw its monetary stimulus to correct “imbalances” in the economy and avoid bad loans from surging among the nation’s banks, said Aberdeen Asset Management Co., which manages $40 billion in Asian equities.
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Bloomberg (Free subscription) | 11/03/2009
... in governments’ ability to continue to come to the rescue,” said , a Singapore-based strategist at Aberdeen Asset Management Plc, which had about $234 billon under management as of Sept. 30. Japanese markets are closed for a holiday. China’s climbed 0.9 percent and Hong Kong’s Hang Seng Index lost 0.7 percent. Australia’s dropped 0.2 percent, while South Korea’s Kospi Index lost 0.3 percent....
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Reuters UK (Free subscription) | 10/28/2009
... focusing only on current
metrics such as price to book ratio," said Peter Elston, a
strategist at Aberdeen Asset Management Asia, which owns about
5 percent of OCBC. "Sure, it will take time to integrate, but this acquisition
will eventually turn OCBC into a more rounded, and valuable,
bank." Earlier this month, OCBC agreed to buy ING's (ING.AS) Asia
private bank unit for $1.5 billion in...
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Times Online (Free subscription) | 10/20/2009
... in stocks geared to an economic recovery. That made Tosca the largest shareholder in fund manager Aberdeen Asset Management, housebuilders Taylor Wimpey and Redrow and a major investor in US banks Washington Mutual and Sovereign Bancorp. Although many have now bounced back, the size of Toscafund’s assets under management has fallen from $5 billion to $2 billion now, because Mr Hughes was...
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Phillydeals (Free subscription) | 10/12/2009
Financial Times' fund industry Web site www.ignites.com reporter Hannah Glover interviews Nigel Storer, Head of Financail Institution Group - North America at Scotland-based Aberdeen Asset Management, which recently moved its US HQ from Radnor to Philadelphia. Excerpts:“...The trick really is to grow your business larger, but clearly to keep it as simple as possible and not add layers of complexity...
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Scotsman.com (Free subscription) | 10/01/2009
... wins and a rebound in global equities has helped push that portfolio total back towards £12bn.• Aberdeen Asset Management has set up an office in São Paulo, Brazil. Nick Robinson will relocate from London to lead the operation.
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Philadelphia Inquirer (Free subscription) | 09/25/2009
From its U.S. office at 17th and Market Streets, Aberdeen Asset Management Inc. invests $167 billion in clients' money. To help his team investigate and buy (or dump) stocks, senior investment manager Christopher Baggini hires research and trading services.