Fund managers get the chop at Aberdeen.(Aberdeen Asset Management)(Brief Article)

From: Financial Adviser | Date: October 2, 2002 | Copyright information

Jeff Prestridge

HOW the mighty have fallen last week, the offices of fund management groups Aberdeen Asset Management and Schroders resembled bloody Spanish abattoirs as a number of fund managers were unceremoniously given either the slaughtermans or slaughterwomans bullet.

At Schroders, the companys US active fund management team were axed. But the more brutal wipe out was at troubled Aberdeen Asset Management where eight top fund managers were shot, chopped...

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