Aberdeen

London's leading equity index lost ground in afternoon trading, led by asset managers, as encouraging data from the services sector also failed to lift sentiment.

ON JAPAN

We are not even halfway through the year but already one of the big themes emerging for 2013 is the sheer number of prominent funds which have been soft-closed owing to capacity constraints.

Aberdeen Asset Management has completed a deal to buy US asset manager Artio Global Investors for £118.3m ($179.7m)

ETHICAL

CONTRARIAN

Natixis Global Asset Management (NGAM) has launched its second onshore fund, the Loomis Sayles US Leaders fund, with seed money from Aberdeen Asset Management.

The Association of Investment Companies (AIC) has named the top 20 performing and most consistent investment companies over the past decade.

Q&A

Aberdeen CEO Martin Gilbert has raised the prospect of closing the group's Asia Pacific equity funds in the near future after admitting it "cannot cope" with soaring inflows.