Corporate History

Since 1983, we have grown both by acquisitions and organically, first in the UK then overseas. Our headquarters remain to this day in Aberdeen, Scotland, UK.

2010 - Aberdeen completes the acquisition of certain assets and contracts from RBS Asset Management Limited and RBS Asset Management Holdings on 1 Feb 2010.

2009 - Closing of Credit Suisse acquisition completed on 30 June 2009.

2008 - Aberdeen acquires Goodman Property Investors to help strengthen its position in the UK property market.

Aberdeen announces business alliance with Mitsubishi UFJ Trust and Banking Corporation in Japan. Mitsubishi takes 9.9% stake on Aberdeen.

On 31 December, Aberdeen announced the proposed acquisition of asset management businesses from Credit Suisse.

2007 - Aberdeen buys Deutsche Asset Management assets as part of expansion plans in Australia.

Aberdeen Property Investors expands into Russia, recruiting a team to manage commercial real estate investment in Eastern Europe from an office in St Petersburg.

Aberdeen acquires Glasgow Investment Managers, adding to its range of closed end funds under management and strengthening it's UK equity capabilities.

Aberdeen acquires certain U.S. fund management businesses from Nationwide Financial Services including a broad cross-section of U.S. mutual funds and variable insurance trusts sub-advisory mandates.

Acquisition of German-based property investment manager DEGI Deutsche Gesellschaft für Immobilienfonds mbH ('DEGI') from Dresdner Bank AG. DEGI has approximately €6.4 billion (£4.7 billion) of assets under management in a number of property funds offering German, European or global commercial property exposure.

2005 - Purchase of certain investment businesses from Deutsche Asset Management, principally Deutsche Asset Management Limited, DWS Investments in the UK, Deutsche Asset Management Life & Pensions Limited and Deutsche Asset Management Investment Services Limited.

2003 - Sale of UK retail unit trusts to New Star for £87.5m.

Acquisition of Edinburgh Fund Managers chiefly via issue of new shares, with back to back sale of retail funds to New Star.

2000 - Purchase of Murray Johnstone (UK), a manager of private equity, international equities and bonds and Equitilink (Australia), a manager of domestic assets and US closed-end high yield funds.

Acquisition of Barclays Property Investment (UK) along with Celexa to create Aberdeen Property Investors, a direct property arm.

1998 - Purchase of investment management arm of Aetna Insurance including Luxembourg-based offshore funds and Hong Kong office.

1997 - Change of name to Aberdeen Asset Management PLC.

Acquisition of Prolific Financial Management from Scottish Provident, creating UK top-10 unit trust manager.

1996 - US-based Phoenix Home Life takes 28% share in the company via issue of new shares.

In 2005, Phoenix Companies Inc. disposed of its entire shareholding in Aberdeen.

1992 - Singapore office set up under Hugh Young and Peter Hames to manage all Asian assets including Japan.

1991 - Listing of Group on London Stock Exchange as Aberdeen Trust PLC.

1987 - New teams introduced managing specialist Asian, Emerging Markets and UK smaller company funds.

1983 - Group formed by management buyout, including current Chief Executive Martin Gilbert, of £50m investment trust in Aberdeen, Scotland, UK.