Martin Gilbert, the co-founder and chief executive of Aberdeen Asset Management has the confidence Prime Minister Theresa May will negotiate a good [Brexit] departure deal for the UK.
The UK is just days away from triggering Article 50.
Speaking at the Association on Investment Companies (AIC) conference in London [on March 9th] Gilbert says he has met the Prime Minister on three occasions and is confident that she will “negotiate well” on Brexit.
May has been busy meeting with key players in the asset management industry such as Martin Gilbert, Schroders chief executive Peter Harrison and Barclays chief executive Jes Staley.
Gilbert added: “She [May] does listen to what financial services require.”
So how has Brexit impacted Aberdeen Asset Management? Gilbert says: “So far our earnings have gone through the roof because sterling has devalued so that has been great.”
Aberdeen Asset Management is currently in the process of taking over Standard Life, a £11 billion merger deal that would create a global powerhouse.
By Tanzeel Akhtar.
Full story at Yahoo News.
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