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The Scottish are coming! Aberdeen and Standard Life eye US expansion

Following the recent merger of Aberdeen and Standard Life joint chief executive Martin Gilbert wants the combined company to use its new scale to grow distribution in the United States. 

In an exclusive interview with Citywire executive chairman Lawrence Lever, Gilbert also talks about his plans for the asset manager and the thinking behind the deal.

He does not rule out a further deal to help this expansion but says the company will look to grow organically in the US in the near term. 

Aberdeen and Standard Life announced plans to merge in March, a move which will see the combined company run $811 billion of assets under management, putting it just outside the world's 20 largest asset managers. 

To see how the two group's portfolio managers stack up, click here

 

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