PHILADELPHIA, May 3, 2012 /PRNewswire/ -- Aberdeen Asset
Management Inc., part of Aberdeen Group, the world's largest
manager of emerging market closed-end funds offered by both value
and number,[1] was recently recognized at Capital Link, Inc.'s 11th
annual Closed-End Fund and Global ETF Forum for its excellence in
the U.S. closed-end fund industry.
Aberdeen received the award for Best Shareholder Relations by a
Non-U.S. Equity Closed-End Fund Family in 2011, which was based on
nominations from analysts throughout the closed-end fund
marketplace. This is the second year in a row that Aberdeen has
been recognized for its investor relations program.[2]
Commenting on the award, Piers
Currie, global head of marketing for Aberdeen, said, "We are
delighted to be recognized for our investor relations program,
which we take very seriously. In today's volatile
environment, with investors constantly searching for income and
growth, keeping our shareholders informed with insight from
Aberdeen's investment teams around the world is more important than
ever."
Expertise in Asia-Pacific
At Capital Link's Forum, Donald
Amstad, Director, Aberdeen Asia, discussed the case for the
Asia-Pacific region, which
Aberdeen believes is too important for investors to ignore in their
asset allocation strategies. Mr. Amstad comments on the solvency of
Asian governments and the importance of growing Asian domestic
demand in this short film:
http://mediazone.brighttalk.com/comm/Aberdeen/4fbbc12a78-30254-3456-33691
Leader in Emerging Market Closed-End
Funds
Aberdeen directly manages eleven U.S. exchange-listed closed-end
funds, one Canadian investment company, and serves as investment
sub-advisor to two other U.S. exchange-listed closed-end
funds.
Aberdeen's closed-end funds available to North American
investors are:
- Aberdeen Asia-Pacific Income Fund, Inc. (NYSE AMEX: FAX)
- Aberdeen Asia-Pacific Income Investment Company Limited (TSX:
FAP)
- Aberdeen Australia Equity Fund, Inc. (NYSE AMEX: IAF)
- Aberdeen Chile Fund, Inc. (NYSE AMEX: CH)*
- Aberdeen Emerging Markets Telecommunications and Infrastructure
Fund, Inc. (NYSE AMEX: ETF)
- Aberdeen Global Income Fund, Inc. (NYSE AMEX: FCO)*
- Aberdeen Indonesia Fund, Inc. (NYSE AMEX: IF)
- Aberdeen Israel Fund, Inc. (NYSE AMEX: ISL)
- Aberdeen Latin America Equity Fund, Inc. (NYSE AMEX: LAQ)
- First Trust /Aberdeen Global Opportunity Income Fund, Inc.
(NYSE AMEX: FAM)
- First Trust /Aberdeen Emerging Opportunity Fund, Inc. (NYSE
AMEX: FEO)
- The Asia Tigers Fund, Inc. (NYSE: GRR)
- The India Fund, Inc. (NYSE: IFN)
- The Singapore Fund, Inc. (NYSE: SGF)
About Aberdeen Asset Management
Aberdeen Asset Management PLC, the parent company of Aberdeen
Asset Management Inc., is an independently‐run asset manager listed
on the London Stock Exchange since 1991, and operating from 31
offices in 23 countries (the "Aberdeen Group"). The Aberdeen Group
invests on behalf of institutional and wholesale clients, primarily
in equities, fixed income, alternative investment strategies and
property. The Aberdeen Group manages more than US$270.3 billion of assets for both institutions
and private individuals as of December 31,
2011.
*Investors should consider a fund's investment objectives,
risks, charges and expenses carefully before investing. A copy of
the prospectus for Aberdeen Chile Fund, Inc. and
Aberdeen Global Income Fund, Inc. that contains this and
other information about the fund may be obtained by calling
866-839-5205. Please read the prospectus carefully before
investing. Investing in funds involves risk, including possible
loss of principal.
Closed-end funds have a one-time initial public offering and
then are subsequently traded on the secondary market through one of
the stock exchanges. The investment return and principal value will
fluctuate so that an investor's shares may be worth more or less
than the original cost. Shares of closed-end funds may trade above
(a premium) or below (a discount) the net asset value (NAV) of the
fund's portfolio. There is no assurance that a fund will achieve
its investment objective. Past performance does not guarantee
future results.
In the United States, Aberdeen
Asset Management (AAM) is the marketing name for the following
affiliated, registered investment advisers: Aberdeen Asset
Management Inc., Aberdeen Asset Managers Ltd, Aberdeen Asset
Management Ltd and Aberdeen Asset Management Asia Ltd, each of
which is wholly owned by Aberdeen Asset Management PLC. "Aberdeen"
is a U.S. registered service mark of Aberdeen Asset Management
PLC.
The above is for information purposes only and should not be
considered as an offer, or solicitation, to deal in any of the
investments mentioned herein. AAMI does not warrant the accuracy,
adequacy or completeness of the information and materials contained
in this document and expressly disclaims liability for errors or
omissions in such information and materials.
[1] Fund Consultants LLC, March
2012. Based on analysis of emerging market closed-end funds
offered in multiple jurisdictions as of December 31, 2011; data provided by Morningstar
Inc. Closed-end funds are defined as investment companies that are
1) listed on a recognized exchange; 2) possess fixed share capital
and; 3) were formed via subscriptions from the public via an open
offer or placement. Criteria for inclusion in the emerging markets
category is based on the World Bank's definition of emerging
countries as measured by lower and middle income per capita.
Criteria for fund inclusion is 1) at least 75% of gross assets
invested in emerging markets; 2) funds with under 25% exposure to
Asian developed markets.
[2] Capital Link's Awards seek to identify and recognize those
fund sponsors and executives who consistently apply high standards
of financial disclosure, investor and shareholder relations, and
innovation. The Awards' nominating committee consists of CEF and
ETF analysts, fund sponsors, and market experts. Capital Link
is not part of the nominating committee. Aberdeen received
the award out of approximately 100 closed-end fund sponsoring
firms.
SOURCE Aberdeen Asset Management Inc.