Company Name:Aberdeen Asset Management PLC

Stock Market: FTSE250
Industry Sector: Finance
Market Capitalisation: £894.634 million (as of December 30, 2008)
Net Income: £30.6 million (as of 2007)
Operating Income: £32.2 million (as of 2007)

Key People: Roger Cornick 3 (chairman), Martin Gilbert (chief executive), Andrew Laing (deputy chief executive), Bill Rattray (Finance Director), Anita Flew (non-executive director), Sir Malcolm Rifkind (non-executive director), Donald Waters (non-executive director), Giles Weaver (non-executive director)

Headquarters Address: 10 Queen's Terrace Aberdeen, SCOAB101YG, United Kingdom
Website Address: www.aberdeen-asset.com

Company Overview
One of the top companies in the United Kingdom is the Aberdeen Asset Management PLC. The company is a global investment management company, which is also a UK-based management company that manages assets for both the institutions and retail consumers from all offices all around the globe. The company is engaged in the live management of monetary assets, chiefly equities, fixed earnings, and properties, for third parties. The company’s mission is “to deliver superior fund performance across diverse asset classes in which it believes it has a sustainable competitive edge”. Its job is also to distribute funds to individuals worldwide and through third parties who may also make such funds available anywhere.

The company was founded by the chief executive Martin Gilbert, costing £50M in investment trust in Aberdeen, Scotland, UK in the year 1983. Through a management buy-out, it was first enlisted on the London Stock Exchange in the 1991. In 2000, it attained Murray Johnstone, manager of private equity, international equities and shares with Equitilink ( Australia), a manager of many domestic assets and US closed-end high yield funds. The total group funds, under the management and advice, reached £110.2 billion, equivalent to US$158.4 billion.

Aburdeen Asset Management PLC also works in two business segments: the property asset management and the investment management divisions. As of March 27, 2008, the Aburdeen’s company entirely owned subsidiary, the Aberdeen Property Investors Holding AB, successfully completed the attainment of Deutsche Gesellschaft fur Immobilienfonds mbH (“DEGI”) from Dresdner Bank AG. As of May 30, 2008, another Aburdeen’s wholly owned subsidiaries, Aberdeen Property Investors Holding AB, successfully acquired Goodman Property Investors Limited (“GPI”) from Goodman Group. During October 2007, the company also accomplished the acquisition of the United States fair asset management businesses of the Nationwide Financial Services Inc. Products Brands & Subsidiaries. In 2008, Aberdeen acquired Goodman Property Investors to help build its position in the United Kingdom’s property market. On the 31st of December, Aberdeen proclaimed the proposed attainment of asset management businesses from Credit Suisse. The company’s biggest clients were institutional depositors including the government, national pension schemes, and the listed investment charities and companies. Aberdeen has won a series of high-standard industry awards.

 

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