Aberdeen Emerging Markets Investment Company Limited

Fund objective

To achieve consistent returns for shareholders in excess of the MSCI Emerging Markets Net Total Return Index in sterling terms.

Morningstar rating:

A UK-listed investment company, seeking consistent returns from a diversified portfolio of emerging market funds.

Daily prices as of {{asOfDate}}

Latest news

Latest article from fund manager Andrew Lister

Latest article: The Four Pillars of Emerging Market Debt

Access the Company's latest Regulatory News Service (RNS) announcements

About us

Access to a wealth of emerging market talent

Aberdeen Emerging Markets Investment Company is an investment company listed on the London Stock Exchange which aims to offer:

A one-stop solution for investors seeking diversified exposure to the global emerging markets of Asia, Eastern Europe, Africa and Latin America.
A high conviction, concentrated portfolio of 'best-of-breed' open and closed end funds, many of which are inaccessible to UK retail investors
Active country positioning through a rigorous, top-down investment process
A highly experienced and stable fund management team, supported by the depth of resource at Aberdeen Standard Investments

Our core beliefs:

Value investing has the potential to deliver attractive returns over the long term
Emerging markets are inefficient, especially during times of volatility
Genuinely active and contrarian investors can generate alpha from stock selection
The structural benefits of closed-end funds should translate into robust, long term, relative performance
Discounts on closed-end funds present additional opportunities to enhance returns

Key literature

Latest Factsheet

Annual Report

Interim Report

Savings Plan/ISA Brochure

Latest QuotedData Research Note

Read all literature

Key people

Andrew Lister

Senior Investment Manager

Andrew Lister is a Senior Investment Manager at Aberdeen Standard Investments, with specific responsibilities for markets and investments in Latin America and the EMEA region. Andrew joined Aberdeen Asset Management in December 2015 via the acquisiton of Advance Emerging Capital Limited where he had worked since 2000. Andrew graduated from the University of Exeter with a BA in Geography in 1999. He completed the Investment Management Certificate in 2001 and qualified as a technical analyst in 2005.

Qualifications
Andrew graduated from the University of Exeter with a BA in Geography in 1999. He completed the Investment Management Certificate in 2001 and qualified as a technical analyst in 2005.

Bernard Moody

Senior Investment Manager

Bernard Moody is a Senior Investment Manager and is co-manager of Aberdeen Emerging Markets Investment Company. Bernard is responsible for Asian investments and markets. Bernard joined Aberdeen Asset Management in December 2015 via the acquisition of Advance Emerging Capital Limited where he had worked since 2006. Previously, Bernard worked for Sarasin Investment Management where he managed Asian and emerging market portfolios between 2000 and 2006. Prior to that, Bernard worked in the Investment Management Research Unit at the actuarial consultants Bacon & Woodrow.
Bernard graduated with a BComm specialising in Banking and Finance from University College Dublin before gaining an MSc in Finance from Queen's University Belfast. Bernard is an Associate of the Society of Investment Professionals.

Qualifications
MSc
Bernard graduated with a BComm specialising in Banking and Finance from University College Dublin before gaining an MSc in Finance from Queen's University Belfast. Bernard is an Associate of the Society of Investment Professionals.

Viktor Broczko

Investment Manager

Viktor Broczko Viktor Broczko is an Investment Manager at Aberdeen Standard Investments with specific responsibilities for Middle Eastern and Eastern European markets and investments. Viktor joined Aberdeen in 2015 via the acquisiton of Advance Emerging Capital Limited where he had worked since 2002. Vikor holds a BA in Economics from Greenwich University and a MSC in Information Systems from the London School of Economics. He completed the Investment Management Certificate in 2003. Viktor is Hungarian by birth and is fluent in Hungarian, Russian, German and English.

Qualifications
Vikor holds a BA in Economics from Greenwich University and a MSC in Information Systems from the London School of Economics. He completed the Investment Management Certificate in 2003. Viktor is Hungarian by birth and is fluent in Hungarian, Russian, German and English.

Samir Shah

Investment Manager

Samir Shah is an Investment Manager at Aberdeen Standard Investments. Samir is responsible for covering global developed and emerging market investments. Samir joined Aberdeen in December 2015 via the acquisition of Advance Emerging Capital. Samir originally joined Advance in April 2011 where he held a similar role. Prior to this he was an investment funds analyst in the closed end fund team at Matrix Group. He covered the financial sector as a sell side analyst for over 10 years and was ranked by both Extel and Institutional Investor. He began his analytical career with Credit Suisse covering banks and diversified financials. Samir is a qualified chartered accountant and CFA charter holder. Both qualifications were earned while working in the banking division of KPMG. CFA(r) and Chartered Financial Analyst(r) are trademarks owned by CFA Institute.

Qualifications
Samir is a qualified chartered accountant and CFA charter holder. Both qualifications were earned while working in the banking division of KPMG. CFA(r) and Chartered Financial Analyst(r) are trademarks owned by CFA Institute.

Andrew Lister

Senior Investment Manager
Andrew Lister is a Senior Investment Manager at Aberdeen Standard Investments, with specific responsibilities for markets and investments in Latin America and the EMEA region. Andrew joined Aberdeen Asset Management in December 2015 via the acquisiton of Advance Emerging Capital Limited where he had worked since 2000. Andrew graduated from the University of Exeter with a BA in Geography in 1999. He completed the Investment Management Certificate in 2001 and qualified as a technical analyst in 2005.

Qualifications
Andrew graduated from the University of Exeter with a BA in Geography in 1999. He completed the Investment Management Certificate in 2001 and qualified as a technical analyst in 2005.
Bernard Moody

Senior Investment Manager
Bernard Moody is a Senior Investment Manager and is co-manager of Aberdeen Emerging Markets Investment Company. Bernard is responsible for Asian investments and markets. Bernard joined Aberdeen Asset Management in December 2015 via the acquisition of Advance Emerging Capital Limited where he had worked since 2006. Previously, Bernard worked for Sarasin Investment Management where he managed Asian and emerging market portfolios between 2000 and 2006. Prior to that, Bernard worked in the Investment Management Research Unit at the actuarial consultants Bacon & Woodrow.
Bernard graduated with a BComm specialising in Banking and Finance from University College Dublin before gaining an MSc in Finance from Queen's University Belfast. Bernard is an Associate of the Society of Investment Professionals.

Qualifications
MSc
Bernard graduated with a BComm specialising in Banking and Finance from University College Dublin before gaining an MSc in Finance from Queen's University Belfast. Bernard is an Associate of the Society of Investment Professionals.
Viktor Broczko

Investment Manager
Viktor Broczko Viktor Broczko is an Investment Manager at Aberdeen Standard Investments with specific responsibilities for Middle Eastern and Eastern European markets and investments. Viktor joined Aberdeen in 2015 via the acquisiton of Advance Emerging Capital Limited where he had worked since 2002. Vikor holds a BA in Economics from Greenwich University and a MSC in Information Systems from the London School of Economics. He completed the Investment Management Certificate in 2003. Viktor is Hungarian by birth and is fluent in Hungarian, Russian, German and English.

Qualifications
Vikor holds a BA in Economics from Greenwich University and a MSC in Information Systems from the London School of Economics. He completed the Investment Management Certificate in 2003. Viktor is Hungarian by birth and is fluent in Hungarian, Russian, German and English.
Samir Shah

Investment Manager
Samir Shah is an Investment Manager at Aberdeen Standard Investments. Samir is responsible for covering global developed and emerging market investments. Samir joined Aberdeen in December 2015 via the acquisition of Advance Emerging Capital. Samir originally joined Advance in April 2011 where he held a similar role. Prior to this he was an investment funds analyst in the closed end fund team at Matrix Group. He covered the financial sector as a sell side analyst for over 10 years and was ranked by both Extel and Institutional Investor. He began his analytical career with Credit Suisse covering banks and diversified financials. Samir is a qualified chartered accountant and CFA charter holder. Both qualifications were earned while working in the banking division of KPMG. CFA(r) and Chartered Financial Analyst(r) are trademarks owned by CFA Institute.

Qualifications
Samir is a qualified chartered accountant and CFA charter holder. Both qualifications were earned while working in the banking division of KPMG. CFA(r) and Chartered Financial Analyst(r) are trademarks owned by CFA Institute.

Mark Hadsley-Chaplin

Chairman

United Kingdom resident – founded RWC Partners Ltd (formerly known as MPC Investors), a London based fund management firm specialising in hedge funds, long only funds and UCITS strategies, in 2000. He was CEO until 2006 and Chairman until 2010. Prior to this he was Vice Chairman of UBS Securities (East Asia) Ltd, based in Singapore and responsible for the management and development of the bank’s Asian equity business worldwide.

William Collins

Senior Independent Director

Guernsey resident – has over 45 years’ experience in banking and investment. From September 2007 he was employed by Bank J Safra Sarasin (formerly Bank Sarasin) in Guernsey as Director – Private Clients, retiring at the end of 2014. Prior to that he worked for Barings in Guernsey for over 18 years. In 1995 he was appointed a director and from 2003 until August 2007 was Managing Director of Baring Asset Management (CI) Ltd.

Helen Green

Non-Executive Director

Guernsey resident - is a chartered accountant and has been employed by Saffrey Champness , a top 20 firm of chartered accountants since 1984. She qualified as a chartered accountant in 1988, and became a partner in the London office in 1998. Since 2000 she has been based in the Guernsey office where she is a Client Liaison Director, responsible for trust and company administration.

She is a director of City Natural Resources High Yield Trust PLC, Landore Resources Limited, UK Mortgages Limited and Acorn Income Fund Limited, of which she is Chairman. She is Chairman of the Audit Committee.

John Hawkins

Non-Executive Director

United Kingdom resident - is a Fellow of the Institute of Chartered Accountants in England and Wales. He was formerly Executive Vice President and a member of the Corporate Office of the Bank of Bermuda Limited. He was with The Bank of Bermuda for 25 years, of which approximately 15 years were based in Hong Kong. He is also a director of The Prospect Japan Fund Limited and Raffles-Asia Investment Company Limited.

Eleonore de Rochechouart

Non-Executive Director

United Kingdom resident - is a partner of Res Familiaris LLP, a wealth management advisory boutique designed for families looking for a dedicated and independent service covering all aspects of their global wealth including financial and non-financial assets. Prior to joining Res Familiaris in 2010, Eleonore spent 20 years in the financial services industry as an economist, researcher and asset allocator in both the traditional and alternative investment arena.

Mark Hadsley-Chaplin

Chairman
United Kingdom resident – founded RWC Partners Ltd (formerly known as MPC Investors), a London based fund management firm specialising in hedge funds, long only funds and UCITS strategies, in 2000. He was CEO until 2006 and Chairman until 2010. Prior to this he was Vice Chairman of UBS Securities (East Asia) Ltd, based in Singapore and responsible for the management and development of the bank’s Asian equity business worldwide.
William Collins

Senior Independent Director
Guernsey resident – has over 45 years’ experience in banking and investment. From September 2007 he was employed by Bank J Safra Sarasin (formerly Bank Sarasin) in Guernsey as Director – Private Clients, retiring at the end of 2014. Prior to that he worked for Barings in Guernsey for over 18 years. In 1995 he was appointed a director and from 2003 until August 2007 was Managing Director of Baring Asset Management (CI) Ltd.
Helen Green

Non-Executive Director
Guernsey resident - is a chartered accountant and has been employed by Saffrey Champness , a top 20 firm of chartered accountants since 1984. She qualified as a chartered accountant in 1988, and became a partner in the London office in 1998. Since 2000 she has been based in the Guernsey office where she is a Client Liaison Director, responsible for trust and company administration.

She is a director of City Natural Resources High Yield Trust PLC, Landore Resources Limited, UK Mortgages Limited and Acorn Income Fund Limited, of which she is Chairman. She is Chairman of the Audit Committee.
John Hawkins

Non-Executive Director
United Kingdom resident - is a Fellow of the Institute of Chartered Accountants in England and Wales. He was formerly Executive Vice President and a member of the Corporate Office of the Bank of Bermuda Limited. He was with The Bank of Bermuda for 25 years, of which approximately 15 years were based in Hong Kong. He is also a director of The Prospect Japan Fund Limited and Raffles-Asia Investment Company Limited.
Eleonore de Rochechouart

Non-Executive Director
United Kingdom resident - is a partner of Res Familiaris LLP, a wealth management advisory boutique designed for families looking for a dedicated and independent service covering all aspects of their global wealth including financial and non-financial assets. Prior to joining Res Familiaris in 2010, Eleonore spent 20 years in the financial services industry as an economist, researcher and asset allocator in both the traditional and alternative investment arena.

Financial calendar

Year End	31 October
Accounts Published	January
Annual General Meeting	February
Dividend Paid	March, June, September, December

Trust details

Aberdeen Emerging Markets Investment Company Limited

Registered Office:
11 New Street
St Peter Port
Guernsey
GY1 2PF

Registered in Guernsey as an Investment Company Number 50900

Launch Date: November 2009

Risk Warning

Risk warning
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested. The tax benefits relating to ISA investments may not be maintained. Investors should review the relevant Key Information Document (KID) brochure prior to making an investment decision.
Read the detailed risk warning.
Investor warning: Please be aware of scams that can affect investors. Read the full investor risk warning.