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Martin Gilbert steps down from Abrdn fund boards over ‘conflicts of interest’
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City grandee Martin Gilbert has stepped down from the boards of two of Abrdn's funds due to “potential conflicts of interest” with other businesses he is involved with.
Gilbert, who founded Aberdeen Asset Management in the early 1980s, has stepped down from the boards of two of Abrdn's Luxembourg-domiciled Sicavs — large fund structures which are common in the Grand Duchy and used by asset managers to target European and international investors.
Gilbert,...
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