Martin Gilbert, CEO of Aberdeen Asset Management, has voiced his support for the Financial Conduct Authority's Asset Management Market Study, saying it is imperative for truly active funds to have a high tracking error.
Speaking following the release of the firm's annual results, Gilbert (pictured) said: "No one can accuse us of being closet indexers. We have achieved some remarkable outperformance and underperformance....
Announced plans to merge last October
Sterling fell 0.25% to $1.281
In June 2016, immediately before the Brexit referendum, a curious thing happened.
AUM has grown to $2bn in a year
Unclear on job moves