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28 May 2012

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Aberdeen eyes Asia/US; has no plans to sell Degi

Investment manager Aberdeen Asset Management, after 'changing the guard' at the head of its property division, will deepen its European funds and expand in Asia and US post-crisis. It has no plans to sell German fund business Degi, says incoming head of property Andrew Smith. He succeeds Rickard Backlund who is stepping down to take an advisory role

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