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Aberdeen bonuses soar on DeAM success

Directors of Aberdeen Asset Management, the UK money manager, have received £3.4m (€5m) between them in bonuses following the successful integration of Deutsche Asset Management's former UK business, which Aberdeen bought last year.

Mergers in fund management have not traditionally gone well, but Aberdeen has retained 95% of Deutsche's London and Philadelphia-based fixed income business, and over 50% of the equity and balanced-mandate business, above analysts' expectations.

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