Aberdeen Seeking Acquisitions as Investors Pull Funds, CEO Says

Aberdeen Asset Management Plc is seeking to expand through acquisitions as investors pull money from the firm’s emerging-market funds, Chief Executive Officer Martin Gilbert said.

“We are looking at smaller fill-in acquisitions, as well as big acquisitions,” Gilbert said in an interview on Bloomberg Television in London on Tuesday. “More and more investors are looking to diversified-growth funds, liquid alternatives, these sort of products, so we’re working hard to build those.”