Aberdeen Asset Management

Aberdeen's multi-managers have cut cash weightings in their portfolios by as much as two-thirds in anticipation of an improved economic environment.

Aberdeen Asset Management has seen its profit before tax surge 54% to £142.8m for the six months to the end of March.

The disruption and anti-government protests seen in the MENA region stems from the US Federal Reserve printing money, said Aberdeen's head of global equities, who has moved defensive to protect portfolios from further unrest.

In the latest Conjecture debate, our panelists from Aberdeen, MFS and Standard & Poor's discussed Latin America.

Aberdeen Asset Management has launched an onshore Latin America fund, run by Devan Kaloo and the group's emerging market team.

Aberdeen Asset Management has effectively ruled itself out of bidding for rival Gartmore, opting instead for organic growth.

The FTSE edged 0.4% higher to 5,574.98 points in early trading, recovering some of yesterday's 2.1% loss.

Ignis has hired Michiel Timmerman from Aberdeen Asset Management to run its newly created £2.5bn multi-manager unit.

In the latest Conjecture debate, our panelists from Aberdeen Asset Management, Standard & Poor's and Rathbone Unit Trust Management discussed global equities.

A further bout of quantitative easing could plunge the West into a second credit crunch, Aberdeen head of global equities Stephen Docherty warns.