Investing with Aberdeen
Ultimately, what distinguishes Aberdeen as an investment manager is the quality and effectiveness of our thinking and our research.
Irrespective of market conditions, our bottom-up investment style focuses on investment fundamentals through the rigorous application of intensive, original research.
From initial company visits to constructing portfolios, we emphasise teamwork, and avoid the culture of ‘star’ managers. We believe this ‘strength in depth’ approach helps us to deliver sustainable, superior performance for all our clients.
Our philosophy is based on three main principles:
Active management
We aim to identify good quality securities, at attractive valuations. In equities, we look for strong management, sustainable business models, consistency of earnings and quantifiable competitive advantage.
Proprietary research
First-hand research is the cornerstone of our process, and the basis of decisions we make. Our team makes thousands of visits to existing and prospective holdings. If a security fails our screens, we will not own it, irrespective of its index weight.
Long-term focus
Our strategy is simple – buy and hold. We see ourselves as investors, not traders. We know what we own and why we own it. We have the confidence to use market dips as opportunities to increase our holdings, and take profits when prices rise. This long-term approach is particularly suited to the needs of pension investors.
Our investment style
- Concentrate on fundamentals – we are not seduced by market fads
- Bottom-up stock selection is the main source of alpha
- Intensive, first-hand research
- Structured investment process
- Original thinking that adds value
- Team-based approach, with managers based in the regions where they invest
- Benchmark aware not benchmark driven
- Long-term focus: buy and hold, low turnover of securities