LONDON (Alliance News) - Lazard Asset Management LLC has decreased its stake in Aberdeen New India Investment Trust PLC and Aberdeen New Thai Investment Trust PLC.
Lazard has taken its stake in Aberdeen New India to 7.5% from 12.8%. It now holds an interest in 4.4 million of Aberdeen New India's 59.1 million issued shares.
The asset manager decreased its holding in Aberdeen New Thai to 11.6% from 17.8%. It now holds an interest in 1.9 million of Aberdeen New Thai's 16.7 million issued shares.
Shares in Aberdeen New India were up 0.3% Thursday at 452.33 pence each. Aberdeen New Thai shares were trading down 2.2% at 524.00p each.