Aberdeen Asset Management and Standard Life have confirmed plans to create Europe’s second-biggest asset manager in a $13.5 billion all-share merger Aberdeen Asset Management and Standard Life have confirmed plans to create Europe’s second-biggest asset manager in a A 11 billion all-share merger The deal will see Aberdeen shareholders owing around 33% of the combined group, while Standard Life shareholders will received 66.7%. The merged group will remain in Scotland, the companies said, and will have around A 660 billion in assets under management, making it the second-largest in Europe behind Allianz SE .