Aberdeen's head of North American equities exits

Aberdeen Asset Management's head of North American equities Paul Atkinson will be leaving the firm at the end of June.

The Philadelphia-based manager has resigned in order to return to his family in Europe. The group's £354m North American Income trust will be handed over Ralph Bassett, who will also become head of North American equities; and Fran Radano, senior investment manager in the team. Hugh Young, global head of equities said: "It will be sad to see Paul Atkinson go, but he will leave in June with our thanks and best wishes for the future. Ralph Bassett is the obvious successor given his current role and his experience within Aberdeen. Our collegiate and consistent approach to investing will ...