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Aberdeen’s assets climb amid weaker pound

  Bloomberg Aberdeen Asset Management Plc’s funds overseen for clients rose 2.9 percent in the fiscal third quarter as the benefits of a weak pound helped offset outflows. The shares climbed. Assets under management increased to 301.4 billion pounds ($396 billion) from 292.8 billion pounds in the three months through June, Aberdeen said in a statement on Monday. Value appreciation ...

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New England lake compound house up for half price

  Bloomberg After Gary Bahre and his parents built two houses totaling 63,000 square feet on New Hampshire’s Lake Winnipesaukee, they realized they’d gone a little overboard. “The houses are more than I’d ever need as a single man,” said Bahre, a 53 year-old entrepreneur and philanthropist whose family money comes, in part, from selling the New Hampshire Speedway in ...

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CapCo to cancel sale of $395mn venues business

  Bloomberg Capital & Counties Properties Plc canceled a plan to sell the Olympia exhibition center in west London, according to two people with knowledge of the matter. The landlord decided against a sale of its venues unit, which includes the property, before the U.K. voted to leave the European Union because it wants to retain the rent generated by ...

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