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Gilbert: flows are weathering the Standard Life ‘danger period’

Aberdeen chief executive says the firm hasn't suffered the usual pre-merger stampede of clients for the door

Martin Gilbert, chief executive officer of Aberdeen Asset Management
Martin Gilbert, chief executive officer of Aberdeen Asset Management Photo: Getty Images

Martin Gilbert, chief executive of Aberdeen Asset Management, has declared himself "pleasantly surprised" that the firm's forthcoming merger with Standard Life Investments hasn't led to more clients pulling their funds.

He argued this means Aberdeen is weathering the "danger period" of its merger - the six months he expects between announcement and completion - rather better than expected, especially for a fund manager that has spent the last four years bleeding assets.

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