Aberdeen Multi-Managers Quit CIS Fund
Aberdeen Asset Management’s multi-managers have left the Co-operative Investments fund.
Aberdeen Asset Management‘s multi-managers have left the Co-operative Investments (CIS) fund, Financial Times reports. The multi managers have switched to GLG Partners on its £31.5 million Ethical fund.
CIS is set to sell its asset management and life insurance unit to U.K.’s mutual life and pensions company Royal London. CIS is a division of Co-operative Financial Services.
Click here for the story from Financial Times.