Aberdeen Asset Management has named new co-heads of its Americas business, bringing together a senior external hire with an internal executive on the heels of its integration of Scottish Widows Investment Partnership in the region.

The UK fund manager has appointed Andrew Smith and Bev Hendry to lead its US business from its Philadelphia, Pennsylvania office. They replace Gary Marshall, the current head of Americas, who is returning to the UK to advise on work related to the Swip acquisition.