Investment Banking

Cazenove connection helps Cenkos win Aberdeen AM broking slot

UK securities firm named as joint broker alongside Credit Suisse and JP Morgan, broker to the £290bn funds group for two decades

Cazenove connection helps Cenkos win Aberdeen AM broking slot
Photo: Getty Images

The 2014 hire of a Cazenove veteran has helped Cenkos Securities win a broking spot with Martin Gilbert's £290 billion funds group Aberdeen Asset Management, which has used Cazenove – now part of JP Morgan – as its broker for two decades.

Cenkos Securities joins Aberdeen's broking stable alongside JP Morgan and Credit Suisse, the asset management company said in a statement on April 12. JP Morgan, and before that Cazenove, has been broker to Aberdeen for around 20 years, a spokesman for the funds group confirmed. Credit Suisse was brought on board as joint broker in December 2014, according to a stock market filing by Aberdeen.

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