UK's Aberdeen to acquire $2 billion of closed-end fund assets in consolidation deal
UK's Aberdeen to acquire $2 billion of closed-end fund assets in consolidation deal
Published by Global Banking and Finance Review
Posted on December 12, 2025
Dec 12 (Reuters) - Britain's Aberdeen said on Friday that it will acquire the management of closed-end fund assets totalling 1.5 billion pounds ($2.01 billion) from MFS, cementing the wealth manager's position as the fifth-largest manager of such funds globally.
($1 = 0.7467 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Rashmi Aich)
