Aberdeen Renames Alts. Unit

Mar 1 2012 | 3:56am ET

Aberdeen Asset Managament's alternatives business has a new name.

The firm has redubbed its Alternative Investment Strategies unit Aberdeen Solultions. With the change, Aberdeen hopes that clients will think about the group's offerings beyond specialist mandates.

"In the wake of the financial crisis, there is significant interest from both institutional and retail investors in multi-asset or multi-manager solutions and outcome orientated investments," Aberdeen chief investment officer Anne Richards said. " Aberdeen Solutions is well placed to cater for this growing demand with a broad range of pooled products and the expertise to construct bespoke portfolios."

Aberdeen Solutions has more than £24 billion in assets, managing funds of hedge and private equity funds, pan-alternatives products, multi-asset strategies and multi-manager strategies.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...