Aberdeen hires Brooks to co-lead diversified growth strategy

Archie StruthersAberdeen Asset Management has strengthened its diversified growth strategy with the appointment of Mike Brooks.

Brooks will be co-lead on the strategy alongside Mike Turner, and as part of Aberdeen's Investment Solutions business he will work closely with the firm's multi-asset portfolio management and research teams.

He joins Aberdeen from investment management firm Baillie Gifford, where he was the co-founder and an investment manager on the Baillie Gifford Diversified Growth Fund.

Brooks has also worked as head of investment risk at Baillie Gifford, and head of quantitative research at Aegon Asset Management. He is a qualified actuary.

Archie Struthers (pictured), global head of investment solutions at Aberdeen Asset Management, says that the diversified growth strategy is a key part of Aberdeen's investment capability, and aims to meet growing investor demand for portfolio solutions that offer good returns with lower volatility than traditional equity-based strategies.

Aberdeen's Investment Solutions team includes over 60 investment staff managing more than £85 billion (€115 billion) in multi-asset portfolios, as at September 30, 2014.

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