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Aberdeen set to buy UK fund manager SWIP

Aberdeen Asset Management is set to acquire UK funds management rival Scottish Widows Investment Partnership (SWIP) from Lloyds Banking Group, subject to regulatory approval.

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Read more: Aberdeen Asset ManagementLloyds Banking GroupSWIPInvestmentAustraliaUK funds management rival Scottish Widows Investment PartnershipBrett JollieChief ExecutiveEuropeMartin Gilbert