Aberdeen Asset Management
Encyclopedia
Aberdeen Asset Management plc is an international investment management group, managing assets for both institutions and private investors from offices around the world. Its head office is in Aberdeen
, Scotland. The company is a constituent of the FTSE 250 Index
.
in 1991. In recent years, it has seen significant growth from acquisitions. In 2000 it acquired Murray Johnstone, followed by Edinburgh Fund Managers in 2003, parts of Deutsche Asset Management in 2005 and 2007, Glasgow Investment Managers in 2007, Goodman Property Investors in 2008, certain investment businesses of Credit Suisse Asset Management in 2009, and certain contracts and assets from RBS Asset Management in 2010.
The Company sponsored The Boat Race
between 1999 and 2001. In 2010 it signed a four year sponsorship agreement with the Dad Vail Regatta
to be title sponsor until 2013, the event’s 75th Anniversary. The agreement has helped to keep the famous college rowing regatta in Philadelphia, the Group's North American headquarters. Other sponsorships include the Aberdeen Brunei Senior Masters Golf Tournament
, Edinburgh Rugby club and professional golfers Colin Montgomerie
and Paul Lawrie
.
, where Group functions including legal, group information and human resources are located, and has its major investment desks in London
, Philadelphia and Singapore
.
As of 30 June 2011, it had funds under management of £185.83 billion (US$298.34 billion, €205.77 billion).
Aberdeen
Aberdeen is Scotland's third most populous city, one of Scotland's 32 local government council areas and the United Kingdom's 25th most populous city, with an official population estimate of ....
, Scotland. The company is a constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...
.
History
The company was established in 1983 through a management buy-out of an investment trust. It was then listed on the London Stock ExchangeLondon Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
in 1991. In recent years, it has seen significant growth from acquisitions. In 2000 it acquired Murray Johnstone, followed by Edinburgh Fund Managers in 2003, parts of Deutsche Asset Management in 2005 and 2007, Glasgow Investment Managers in 2007, Goodman Property Investors in 2008, certain investment businesses of Credit Suisse Asset Management in 2009, and certain contracts and assets from RBS Asset Management in 2010.
The Company sponsored The Boat Race
The Boat Race
The event generally known as "The Boat Race" is a rowing race in England between the Oxford University Boat Club and the Cambridge University Boat Club, rowed between competing eights each spring on the River Thames in London. It takes place generally on the last Saturday of March or the first...
between 1999 and 2001. In 2010 it signed a four year sponsorship agreement with the Dad Vail Regatta
Dad Vail Regatta
The Aberdeen Dad Vail Regatta is the largest regular intercollegiate rowing event in the USA, drawing over a hundred colleges and universities from North America. The event has been held annually on the Schuylkill River in Philadelphia, Pennsylvania, since 1953. Briefly in late 2009, it was planned...
to be title sponsor until 2013, the event’s 75th Anniversary. The agreement has helped to keep the famous college rowing regatta in Philadelphia, the Group's North American headquarters. Other sponsorships include the Aberdeen Brunei Senior Masters Golf Tournament
Aberdeen Brunei Senior Masters
The Aberdeen Brunei Senior Masters is a men's professional golf tournament on the European Seniors Tour. It was founded in 2008 and is played at The Empire Hotel & Country Club in Brunei.-Winners:-External links:*...
, Edinburgh Rugby club and professional golfers Colin Montgomerie
Colin Montgomerie
Colin Stuart Montgomerie, OBE is a Scottish professional golfer, often referred to by one of his nicknames 'Monty'. He has had one of the finest careers in European Tour history, having won a record eight Order of Merit titles, including a streak of seven consecutively from 1993 to 1999, and 31...
and Paul Lawrie
Paul Lawrie
Paul Stewart Lawrie MBE is a Scottish professional golfer who is best known for winning The Open Championship in 1999.-Life and career:...
.
Operations
The company operates mainly in the United Kingdom but has a growing presence worldwide, particularly Asia, Oceania and the Americas, with over 1,800 staff, across 40 offices in 24 countries. Its headquarters are in the city of AberdeenAberdeen
Aberdeen is Scotland's third most populous city, one of Scotland's 32 local government council areas and the United Kingdom's 25th most populous city, with an official population estimate of ....
, where Group functions including legal, group information and human resources are located, and has its major investment desks in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, Philadelphia and Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
.
As of 30 June 2011, it had funds under management of £185.83 billion (US$298.34 billion, €205.77 billion).