Funds of Hedge Funds Mergers & Acquisitions / Joint Ventures Wrappers / Structures

UCITS play as Aberdeen buys multi-manager business from RBS

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Aberdeen Asset Management is set to buy the multi-manager asset business of The Royal Bank of Scotland, including the $6.3 billion fund of funds business. The core fund of hedge funds business was launched within the private bank of Coutts and the first fund launched in 1998. Robert Dawkins and Michiel Timmerman founded the business more than 10 years ago and the duo, who still run the team and will continue to do so, have seen many of the industry's greatest shocks, including the LTCM crisis.

 
Robert Dawkins and Michiel