UK: ABERDEEN SELLS MOST ISA'S IN 2000
Article Abstract:
According to Life & Pensions Moneyfacts Aberdeen Unit Trust Managers sold 226,000 equity Isa's in 2000 and takes it's place as the top Isa seller during 2000 with second place going to Abbey National with 149,000 equity Isa's sold. The volatile markets have had an effect on this sector in the last year with sales overall believed to be down 30% year on year. The other companies that make up the top 10 equity Isa sellers include companies that use IFA channels, their own branch networks and home networks proving that all forms of advise have a place in this sector.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: ABERDEEN ASSET MANAGEMENT CONTINUES ACQUIRING
Article Abstract:
Aberdeen Asset Management has acquired Themis (UK), investment company, which operates a close-end tracker fund valued at GB[pound] 150mn. This is the fourth acquisition in a three month period. According to the managing director of Aberdeen Unit Trust Managers, Gary Marshall, the acquisition gives the company different categories of assets, enabling the main fund to take advantage of wider distribution and increasing its marketable value.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2000
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UK: Aberdeen Asset Managers to withdraw fund
Article Abstract:
Aberdeen Asset Managers will give up its GBu 8.1mn Fund of Investment Trusts, which invests in split-capital investment trusts' shares, as its assets are decreasing. The fund, which has fallen by 52.1% in the three years to 19 November 2001, will be incorporated into the GBu 1.2bn Aberdeen Fixed Interest unit trust. Aberdeen denies that the poor performance is the reason for merging the fund with the unit trust.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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Comment about this article or add new information about this topic:
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