Aberdeen Asset Management is a fund manager from Aberdeen, founded in 1983. In March 2012 they joined the FTSE 100 Index.
Over the last 20 years they have expanded rapidly and taken over several competitors, such as Murray Johnstone (2000), Edinburgh Fund Managers (2003), some of Deutsche Asset Management (2005), Glasgow Investment Managers (2007), Goodman Property Investors (2008), part of Credit Suisse Asset Management (2009) and some contracts from RBS Asset Management (2010).
Aberdeen Asset Management have been able to manage their expansion as they outsourced much of their administration to Henderson Investment Services, who have since been acquired by BNP Paribas Securities Services. They are now an international business with over 2000 employees in 31 offices around the world. The headquarters remains in Aberdeen.
Aberdeen gain publicity in part by sponsoring sporting events. They sponsored the Boat Race from 1999 to 2001, and in 2010 they started a 4 year sponsorship of the Dad Vail Regatta. In March 2012 they started sponsoring the Scottish Open golf tournament. They also sponsor Edinburgh Rugby Club and several other boating events and golfers. On 29 March 2013 its funds under management amounted to £212.3 billion (US$322.4 billion, €251.1 billion). Source: Aberdeen Asset Management PLC 31 March 2013
- Aberdeen Asset Management
- 10 Queens Terrace
- AB10 1YG
- Tel: +44 (0) 1224 631999
- Fax: + 44 (0) 1224 647010
- Website: www.aberdeen-asset.com
- Investor Relations: www.aberdeen-asset.co.uk/aam.nsf/investorrelations/home
- Registrar: Equiniti
2 dividends are paid each year, an Interim (Ex-date usually in May, Payment date in June) and a Prelim (Ex-date in December, Payment date in January).