Thursday, 3 January 2008

Interview with Aberdeen fund manager

One two months ago, The Edge has conducted an interview with Aberdeen asset management fund manager Hugh Young. Under his management, Aberdeen Asia Pacific Fund has 28% annual return on average, over the past 5 years.

I am not clear whether this Asia Pacific fund is actually the same as their flagship Aberdeen Pacific Equity fund which also has an impressive track record. They are well known in managing Asia focus equity fund and a common characteristic on the funds they managed is lower volatility. Impressive return + low volatility, I think it is a dream characteristic of a fund.

These are the investment strategies.

  • Buy and hold
  • Low portfolio turn over
  • Pick company we understand, can see business growing bigger in 5 to 10 years
  • Management we can trust
  • Valuation makes sense

Actually, simple principle do yield great return, provided you have the patience and independent thinking.

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