Last night Aberdeen Asset Management was named Group of the Year at the prestigious Investment Week Fund Manager of the Year Awards 2012. The dinner, held at the Royal Albert Hall, recognises the outstanding achievements of fund managers who are shaping the future of the investment industry.
For the Group of the Year Award an initial shortlist of six is constructed by looking at the performance of funds run by asset management groups. The distinguished judging panel then debated the merits of each of the six groups for qualitative elements such as expanding the depth of their investment expertise in terms of fund range and personnel and consistency of investment process.
Aberdeen was named the winner because in the opinion of the panel the group has steadily built on its long term reputation in Asia and emerging market equities, to produce a set of funds and managers across a truly global set of geographies, asset classes and products. The common thread is a consistent disciplined investment process that provides investors with a knowledge of consistent outcomes over the medium to longer term. In particular the panel noted how the group has broadened out its multi asset and multi manager expertise, partly as a result of some successful integration of acquisitions made a number of years ago. As a group Aberdeen has benefited from the long term investment in the business and the continuity of the senior management in running the company.
Separately Aberdeen has recently been named Investment Trust Group of the Year by both What Investment and Money Observer magazines
Martin Gilbert, chief executive of Aberdeen Asset Management, comments: "To be named Group of the Year at three separate award ceremonies recognising excellence in both funds and investment trusts is a significant achievement. These awards are testament to Aberdeen’s investment approach, focus on client service and the hard work of our people around the world."
For further information, please contact:James Thorneley +44 (0)20 7463 6323