{"id":7852,"date":"2008-06-09T00:00:00","date_gmt":"2008-06-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"toscafund-ups-aberdeen-stake","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2008\/toscafund-ups-aberdeen-stake.html","title":{"rendered":"Toscafund ups Aberdeen stake"},"content":{"rendered":"<p>Reuters) &#8211; Activist hedge fund Toscafund has raised its stake in Aberdeen Asset Management by around another 50 million pounds to more than 25 percent, continuing its rapid stake-building of recent months. <\/p>\n<p>Toscafund, which is run by Martin Hughes, increased its holding to 25.49 percent on Wednesday from 20.02 percent, according to a statement to the Stock Exchange on Friday, having increased its stake marginally on Monday.<\/p>\n<p>&quot;Aberdeen is an excellent global asset manager covering nearly all product areas. We&#8217;re supportive of management and believe their prospects are very good,&quot; a Toscafund spokesperson said.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/uk.reuters.com\/article\/fundsNews\/idUKHOL92949320080609\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters) &#8211; Activist hedge fund Toscafund has raised its stake in Aberdeen Asset Management by around another 50 million pounds to more than 25 percent, continuing its rapid stake-building of recent months. Toscafund, which is run by Martin Hughes, increased [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[695,696,218,700,117,698,697,452,701,694,699],"class_list":["post-7852","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asian-banks","tag-cheap-mortgages","tag-citigroup","tag-initial-public-offering","tag-investment-arm","tag-investment-portfolio","tag-laurence-fink","tag-market-share","tag-slim-to-none","tag-taylor-wimpey","tag-volatility"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7852"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7852\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}