Aberdeen Asset Management has made its first acquisitions in three years, agreeing to buy specialist fixed-income manager Artio Global Investments and a majority stake in private equity specialist SVG Advisers, in moves that will bolster its US and private equity fund of funds businesses.

Aberdeen has not made any acquisitions in recent years with chief executive Martin Gilbert focusing on organic growth. Prior to the announcements this morning, Aberdeen's most recent acquisition was the assets and contracts of RBS Asset Management and RBS Asset Management Holdings in January 2010.