Aberdeen

Aberdeen's Bruce Stout, manager of the £1.4bn Murray International trust, has urged investors to diversify out of bonds to avoid heavy losses when central banks stop the printing presses.

As the most popular emerging market equity funds are soft closing to stem inflows, wealth managers are being forced to look for alternatives beyond their usual top picks.

The Financial Services Authority (FSA) is holding discussions with asset managers over more effective ways to allow groups to close open-ended funds to new investors.

THE BIQ QUESTION

Ben Pakenham, manager of the Aberdeen High Yield Bond fund, takes a closer look behind the headlines at what is happening in the high yield bond sector.

US fund managers who avoided technology giant Apple in the final quarter of last year have raced to the top of the IMA North America sector after the company endured a fierce sell-off.

Aberdeen is the biggest riser in the FTSE 100 after a double acquisition that CEO Martin Gilbert said does not alter the group's "very cautious" strategy.

Aberdeen has hit the acquisition trail with two new deals, agreeing to buy US asset manager Artio Global Investors and taking a majority stake in private equity fund of funds business SVG.

EMD

Aberdeen Asset Management's chief executive Martin Gilbert has sold 1 million shares in the asset manager, worth over £4m.