Financial Standard Comments - AMP Capital, Aberdeen score Advance mandates AMP Capital and Aberdeen Asset Management have won fixed income mandates from Advance, a specialist asset management business owned by Westpac's BT Financial Group. https://www.financialstandard.com.au/feed/latest?story=21131955 Thu, 12 Jul 2012 14:37:31 +1000 Thu, 12 Jul 2012 14:37:31 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by William THOMAS (MBA Conslutants) Personally, I am confused about this transaction. (a) BT is owned by Westpac, yet BT has outsourced an investment to rival Institutions ! and (b) Does this mean that BT believes that AMP and Aberdeen have more expertise than the combined experience of its Parent Company?

It's no wonder the MD of Aberdeen says (to quote) -"It is particularly pleasing to have won the mandate, in the current enviroment". My goodness ! You can say that again. And, again !

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]]> William THOMAS (MBA Conslutants) Thu, 12 Jul 2012 14:37:31 +1000