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Aberdeen and Standard Life spread Scotch mist over deal

Mar 7, 2017 - The Daily Telegraph (London)

No amount of bluster can disguise the fact that the combination of Standard Life and Aberdeen Asset Management is one driven by their current struggles as active asset managers in a market in which cheaper passive funds are making the weather. Why else would Martin Gilbert, Aberdeen's hitherto fiercely independent chief executive, and Keith Skeoch submit themselves to the awkwardness of a job share?

Their enthusiasm for each other is heartwarming but a product of necessity. If Standard Lif

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