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Thursday, October 11, 2012

Aberdeen Did Very Well Indeed

News summary by MFWire's editors

An Scottish asset manager with designs for heavy growth in the U.S. did very well this year.

Aberdeen Asset Management is one of 2012's best performers in the FTSE 100.

The asset management group has advanced 52 percent to 322 pence, reports the Motley Fool.

Aberdeen's Q3 statement showed that the AUM went down 1 percent to 183 billion pounds. But the fund received 300 million pounds of new cash during the same quarter.

The full report can be found on the Fool website

Edited by: HFD


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