SGX Market Information: Aberdeen Asset Management

Following a number of buyouts and acquisitions, Aberdeen Asset Management PLC has become a billion-dollar multinational investment…

Dr. Clemen Chiang
Dr. Clemen Chiang

Following a number of buyouts and acquisitions, Aberdeen Asset Management PLC has become a billion-dollar multinational investment management group.

In 1983, Aberdeen was established through a management buy-out of an investment trust. Eight years later, the company listed its stocks on the London Stock Exchange.

Between 2000 and 2010, the Group had focused on increasing its assets by acquiring a number of asset management companies, including Murray Johnstone, Edinburgh Fund Managers, Deutsche Asset Management, Glasgow Investment Managers, and Goodman Property Investors.

The Group bought some assets from the investment businesses of Credit Suisse Asset Management, and from RBS Asset Management, in 2009 and 2010, respectively.

But, that’s not all.

In November 2013, Aberdeen made a £660m deal with Lloyds Banking Group in order to take over Scottish Widows Investment Partnership. The two companies made another huge deal in 2015 to acquire Flag Capital Management, Lloyd’s counterpart in the USA.

Conquering the continents
Since then, Aberdeen has expanded its businesses in Asia, Europe, and the USA. It engages in managing unit trusts, investment trusts, and institutional funds for retail and institutional clients.

Its major investment offices are located in London (United Kingdom), Philadelphia (Pennsylvania USA), and Singapore. However, it maintains its head office in Aberdeen, Scotland.

In March 2017, the Group merged with Standard Life, another British investment company with shareholders originated from more than 50 countries.

According to its 31 March 2017 financial report, Aberdeen has more than £300 billion worth of assets.

Aberdeen in SGX stock market and Bursa Malaysia market

As a certified Spiking Billionaire, Aberdeen Asset Management PLC has invested in over 15 companies on the SGX stock market. To name a few, these are Delfi Limited, Oversea-Chinese Banking Corporation, Keppel Corporation Ltd., CDL Hospitality Trusts, and City Developments Limited, in which Aberdeen has a share value of not less than SGD1.1 billion. On 3 May 2017, Aberdeen raised its deemed shares of Delfi to 1.82 million.

On the Bursa Malaysia market, Aberdeen owns indirect shares of Shangri-La Hotels.

You can follow the Buy/Sell action of Aberdeen Asset Management PLC at

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