Credit Suisse looks beyond Aberdeen Asset Management deal
ItÆs time to build scale into asset-management offerings, says Credit Suisse asset-management managing director Salman Shoaib.
Credit Suisse is ready for a sustained push in asset management in Asia, now that it has closed a deal with Aberdeen Asset Management and installed new key executives.Salman Shoaib, managing director and head of asset management for Asia Pacific, says the task at hand is to build scale in those areas of expertise that CS has decided to keep, in the wake of last year’s announced sale of most of its traditional long-only business to Aberdeen Asset Management. Globally the streamlined C…
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