Our History

How Aberdeen Asset Management began and where we are today

We've been growing steadily, both through acquisitions and by expanding our own business, since we started out in 1983. We're based in Aberdeen, Scotland, and have been since the day we began.

1983

Aberdeen Asset Management was found via a management buyout when a group of Investors, including current Chief Executive Martin Gilbert, acquired a £50 million Investment trust in Aberdeen, Scotland.

1991

We were listed on the London Stock Exchange under the name Aberdeen Trust PLC. (We changed our name to Aberdeen Asset Management in 1997).

1990s

Throughout the 1990s we grew rapidly, taking on assets in Asia and Europe and setting up offices in Singapore and Hong Kong.

1997

Aberdeen acquired Prolific Financial management from Scottish Provident, propelling the Group into status as a UK top-10 unit trust manager.

2000

Aberdeen branched out to direct property, forming Aberdeen Property Investors through our acquisition of Barclays Property Investment (UK) and Celexa.

Also in 2000, we purchased Murray Johnstone (UK), an International equities and bond manager, and Equitlink, an Australian manager of domestic assets and U.S. closed-end funds.

2003

This year saw a major sale of UK retail unit trusts to New Star, bringing the company £87.5 million. This, among other acquisitions, helped us to acquire Edinburgh Fund Managers.

2005

Aberdeen acquired the UK and US Institutional businesses of Deutsche Asset Management.

2007

We also moved into the Australian market with additional purchases from Deutsche Asset Management, and increased our US Assets with fund management businesses from Nationwide Financial Services.

A major acquisition in 2007 was DEGI Deutsche Gesellschaft fur Immobillienfonds mbH, which manages around £4.6 billion of assets in property funds.

2008

We strengthened our position in the UK, acquiring Goodman Property Investors, and announced our business alliance with Mitsubishi UFJ Trust and Banking Corporations, Japan.

2009

We completed our acquisition of the asset management company Credit Suisse, which we had begun in 2008.

Aberdeen opens its Brazilian office.

2010

Closer to home, we acquired assets and contracts from RBS Asset Management and RBS Asset Management Holdings.

2013

We acquired 100% of the share capital of Artio Global Investors Inc. and a 50.1% stake in SVG Advisers (SVGA).

2014

Aberdeen announces the completion of the acquisition of Scottish Widows Investment Partnership.

2015

We acquired SVG Capial PLC's stake in our joint venture vehicle, Aberdeen SVG Private Equity Managers Limited (Aberdeen SVG Private Equity). We also acquired FLAG Capital Management, LLC (FLAG) and Advance Emerging Capital (AEC) to boost global alternatives capability.

2016

We acquired Arden Asset Management LLC, a provider of hedge fund solutions with offices in New York and London, and Parmenion to accelerate our digital ambitions and to augment our Investment Solutions business.