About Aberdeen
Aberdeen Asset Management Inc. (“AAMI”) is an investment management firm established in 1993 and headquartered in Philadelphia, PA. AAMI is a U.S. registered investment adviser with assets under management of $39.0 billion as of September 30, 2008. AAMI is a wholly-owned subsidiary of Aberdeen Asset Management PLC (“Aberdeen PLC”).
Aberdeen PLC is listed on the London Stock Exchange and has assets under management of $198.1 billion as of September 30, 2008. This total represents 52% in Fixed Income, 40% in Equities and 8% in Property. Collectively, Aberdeen PLC, its affiliates and subsidiaries are referred to as “Aberdeen”. Investment management services are offered to U.S. clients by AAMI and other affiliated U.S. registered investment advisers.
Aberdeen is an international investment management group, managing assets for both institutions and individuals. Aberdeen has over 20 offices throughout the world including London, Philadelphia, Singapore, Aberdeen, Edinburgh, Sydney, Hong Kong and Tokyo.
Aberdeen’s exclusive focus is investment management and it is firmly committed to developing niche expertise appropriate to each market in which they operate. Our mission is to deliver superior investment performance across diverse asset classes in which we believe we have a sustainable competitive edge. Our style is fundamental and process-driven. Active management is the bedrock of our investment process.
We pride ourselves on original thinking and research. We also believe strongly in portfolio transparency. Implicit in our style is a rejection of commoditized products and closet indexing; our business therefore stands or falls on whether we can genuinely add value to client wealth.
EQUITIES
The Aberdeen equity process is continuously evolving but its central tenets are an emphasis on original research, the identification of businesses that we can understand and the elimination of downside risks through price disciplines.
Our aim is to add value by identifying good quality securities, defined chiefly in terms of management and business model, which are attractively priced. Stock selection is the key source of equity alpha. Our equity managers always visit companies before investing, making thousands of visits annually to existing and prospective holdings. We employ over 110 investment professionals based globally. Portfolio decisions are made collectively, and we avoid cultivating ‘star’ managers.