The Aberdeen currency and fixed income process dates back to the late 1980s. The process is based on the following core values: a focus on proprietary research, identifying investment opportunities with attractive risk-reward characteristics, combining multiple non-correlated investment decisions with risk monitoring, and management and control at all stages of the investment process. Our global client base invests in a range of local, global and specialist currency and fixed income and multi-alpha strategies.
Active management: Our aim is to add value by exploiting market inefficiencies in the areas of relative value, credit, interest rate and currency management. These sources of added value are combined to construct appropriate investment strategies that meet individual clients’ return and risk objectives across a variety of local, global and specialist benchmarks and liability profiles.
Solutions can be delivered for both constrained and unconstrained mandates. By creating small teams focused on specialist areas, we have established an investment process and structure which is adaptable to a wide and changing set of client requirements. Our use of derivatives allows us to separate sources of risk and return, and construct funded or unfunded investment strategies.
Proprietary research and idea generation: We have dedicated portfolio managers and analysts in three major time zones, with a particular emphasis on relative value and credit, including high yield and emerging debt. Our macro-driven investment teams (interest rate and currency) benefit from local market contact with investors, policy makers and economists.
Portfolio management: Our aim is to blend individual investment decisions into a fully diversified local, global or specialist portfolio with attractive risk-return characteristics. Flexibility towards client needs and an ability to meet changing market requirements - such as Liability Driven Investment - is essential. We work closely with clients on performance objectives, guidelines and benchmarks.
Team approach: We employ around 135 fixed income investment professionals based globally and arranged in small specialist teams. These teams combine to create tailored investment portfolios capturing our best investment ideas. Our investors work in an independent, transparent and accountable investment structure and their interests are aligned to those of the business as shareholders of Aberdeen Asset Management PLC.