Aberdeen Standard Investments Luxembourg to change name

09 Janvier 2019
Aberdeen
Aberdeen's name changing represents a significant milestone in the merger process to create a world leading Asset Manager for the Luxembourg business.
(Photo: Luc Deflorenne / archives)

Aberdeen Standard Investments («ASI») is pleased to announce that its Luxembourg entity, Aberdeen Global Services («AGS»), will change its name to Aberdeen Standard Investments Luxembourg («ASI Lux») with effect from 1 January 2019.

Following the merger of Aberdeen Asset Management PLC and Standard Life plc in August 2017, the renaming of the Luxembourg entity marks another key milestone in the integration of the two businesses. As the flagship «super» fund management company of ASI it holds the regulatory licence to manage both Ucits and AIFs.

Steen Foldberg, managing director, Aberdeen Standard Investments Luxembourg added,

«Changing the name of the company to Aberdeen Standard Investments Luxembourg represents a significant milestone in our merger process creating a world leading Asset Manager for the Luxembourg business. As we play a key role in ASI’s worldwide cross-border funds operations, it was important for us to leverage two great brands and be in line with the rest of the Group. The consolidation of funds in Luxembourg and the name change achieves this whilst reaffirming our commitment to the Luxembourg market. In turn, this enables us to provide an even greater offering to clients both here and abroad.»

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