Aberdeen explains takeover of VP Concord in Taiwan
In an interview with AsianInvestor, the UK group's general manager in Taiwan outlines the reasons behind the buyout and how it now plans to expand onshore.
Taiwan has become an increasingly expensive market for foreign asset managers to do business in, making it all the harder to justify a greater commitment to the island.
But that isn't holding Aberdeen Asset Management back. Less than four months after it announced its acquisition of Standard Life’s global business, Aberdeen announced on Thursday that it will take over Value Partners Concord Asset Management (VPC AM) in Taiwan.
In an interview with AsianInvestor on Friday, Michel…
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