Aberdeen AM seeks buyer - reports

According to the Financial Times, Martin Gilbert, the founder and chief executive of Europe's second-largest fund house, has approached a number of rivals in recent months, looking for a deal. The FT said Gilbert declined to comment on the story, but reported that one person familiar with his thinking said he was "very happy being independent", without denying that approaches had been made. Aberdeen has suffered a series of knocks of late. Emerging markets, where much of its investments are based, have been highly volatile, with investors pulling out of the sector. The company h...