RBS announces successful sale of RBS Asset Management fund management assets
Discretionary Investment Portfolio Services
The Royal Bank of Scotland Group plc (RBS) announces the successful sale of a substantial part of RBS Asset Management
RBS has announced today the sale of RBS Asset Management's Investment Strategies business to Aberdeen Asset Management for a total consideration of £84.7 million. Subject to regulatory approvals, the sale is expected to be completed by the end of March 2010. For more information on this, please visit www.rbs.com.
If you have any questions relating to the sale, please contact your private banker in the usual way.