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Aberdeen Standard’s Hugh Young on merger challenges

The UK asset manager’s Asia chief reflects on the merger of Aberdeen Asset Management and Standard Life and on fund industry consolidation in general.
Aberdeen Standard’s Hugh Young on merger challenges
Aberdeen Standard Investments has experienced well-documented challenges following the merger of Aberdeen Asset Management and Standard Life in 2017, not least large outflows of client money­. Hugh Young, head of Asia Pacific at the £486.5 billion ($644.5 billion) fund house was frank but philosophical in a recent interview with AsianInvestor. AsianInvestor: There have been bumps in the road with the merger, but perhaps Asia was a smoother transition than the UK businesses? …
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