Aberdeen Asset Management could be looking for a buyer

Rumours are swirling that founder Martin Gilbert has been sounding out potential acquirers.

by Rachel Savage

If you believe the rumours, Aberdeen Asset Management could be on the market. Chief executive Martin Gilbert has reportedly been approaching potential buyers as emerging market woes continue to take their toll on the company he founded 32 years ago.

The 60-year-old has been informally sounding out rivals about the possibility of a takeover, the FT said, citing unnamed moles. However, Aberdeen Asset Management sources emphatically denied this.

‘In 32 years, Martin has never held a discussion with anyone about buying the company because he values Aberdeen’s independence and believes that gives the company an edge,’ one told City AM.

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121



  • Up to 3 free articles every 90 days
  • Free email bulletins

Register Now

Take a free trial

Get 30 days unrestricted access to:

  • All the latest news, trends, and developments.
  • Exclusive interviews with CEOs and thought-leaders
  • MT Classroom - giving you an academic grounding without expensive courses
  • Management Matters and other in-depth content.
  • Daily bulletins straight to your inbox

Take a free trial today