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Abrdn CEO Stephen Bird: Closing Gars was the right thing to do

Fund manager's boss looks to potential future deals as he hopes to put Gars' fall from grace behind the firm

Bird said Gars was 'yesterday's story' as the FTSE 100 asset manager prepares to merge away blockbuster fund
Bird said Gars was 'yesterday's story' as the FTSE 100 asset manager prepares to merge away blockbuster fund Photo: Hollie Adams/Getty Images

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Abrdn boss Stephen Bird said the asset manager’s decision to merge away a one-time blockbuster fund was the right call, as the firm eyes further acquisitions amid a flurry of deal activity to grow the business.

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