Aberdeen Asset Management Asia Limited (Singapore)


Aberdeen Asset Management Asia Limited is a large advisory firm based in Singapore. It manages $64.24 billion of regulatory assets for 179 client accounts. It has been registered with the SEC as an adviser since 2003.

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Aberdeen Asset Management Asia Limited provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Aberdeen Asset Management Asia Limited: assets under management

The assets under management (AUM) of Aberdeen Asset Management Asia Limited is $64.24 billion. The firm's AUM has grown by 2085% since the beginning of its operation, and $47.47 billion of the total AUM is attributable to clients outside of the United States.


The firm manages $64.22 billion in discretionary accounts and $13.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $360.81 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $13.67 million.

Investments

The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is investment and business development companies, which make up 6% of the firm’s portfolio. Investments in sovereign bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aberdeen Asset Management Asia Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Yoon Chou Chong serves?

The firm provides services to insurance companies, investment companies, other investment advisers, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Yoon Chou Chong is pooled investment vehicles with 98 clients and $37.61 billion of assets under management. Among the 7 most similar advisory firms, Aberdeen Asset Management Asia Limited has the 3rd highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $63.55 billion for 175 clients. 84% of the firm’s clients are foreign persons or businesses.

Aberdeen Asset Management Asia Limited also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,500 for each fund.

Careers at Aberdeen Asset Management Asia Limited

The company employs 226 people that are either part- or full-time employees. 23 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Yoon Chou Chong has been acting as President since 1 Dec 1998. Vance Michael Duigan joined the executive team most recently as the Director.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Aberdeen Asset Management Plc Owner 1 Oct 1991 75% - 100% na
Martin James Gilbert Director 1 Nov 1991 Other 4360394
Hugh Young Managing director 1 May 1992 Other 4492923
Peter John Hames Director 1 Nov 1992 Other 4650829
Yoon Chou Chong Director 1 Dec 1998 Other 4493489
Corinne Yu Lin Cheok Director 1 May 1999 Other 4650832
Hon Yu Low Director 1 Dec 1999 Other 4650834
Patrick James Justin Corfe Director 1 May 2000 Other 4650831
James Malcolm Blair Director 1 May 2001 Other 4493487
Graeme Andrew Sinclair Director 1 May 2001 Other 4650830
Adrian Ek Duen Lim Director 1 Jan 2002 Other 4650833
Puay Wei Teo Chief compliance officer 1 Oct 2004 Other 4891206
Derek Norman Fulton Director 1 Nov 2004 Other 4883918
Nicholas Philip Hugh Hadow Director 1 Mar 2005 Other 4927469
Donald Roy Amstad Director 1 Oct 2007 Other 5427859
Anthony John Michael Director 1 Oct 2008 Other 5601986
Li Nee Foo Chief compliance officer 1 Dec 2010 Other 5859905
Puay Ju Kang Director 1 Mar 2012 Other 6035470
Ian Robert Macdonald Director 1 Jul 2013 Other 6209937
Victor Rodriguez Director 1 Jul 2014 Other 6301635
Andrew Henson Narracott Director 1 Oct 2014 Other 6390438
Sock Hwei Lim Director 1 Feb 2015 Other 6414443
Hui Lin Ng Director 1 Jun 2016 Other 6662093
Mei Yi Flavia Cheong Director 1 Dec 2016 Other 6741548
Ming Wan Terence Lim Director and chief compliance officer 1 Mar 2017 Other 6764554
Kheng Guet Tay Director 1 May 2017 Other 6796900
Vance Michael Duigan Director 1 May 2018 Other 6947121

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc The Phoenix Companies Indirect shareholder 1 Mar 1996 25% - 50% 06-1599088
Standard Life Aberdeen Plc Shareholder 1 Aug 2017 75% - 100% n/a

Based in Singapore

The principal office where Aberdeen Asset Management Asia Limited performs its advisory services is located at 21 Church Street,#01 01 Capital Square Two, Singapore, 049480, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 65-63952700 or by fax 65-65357159. The normal business hours are 0900 to 1800 on Monday - Friday. You can find more information about the New York firm at aberdeen-asia.com/.