ABERDEEN EMERGING MARKETS A - Manager
Bestinvest rating
Average monthly relative returns
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Bestinvest MRI
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07/08
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08/09
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09/10
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10/11
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11/12
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3 years
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5 years
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Career
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3 years
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5 years
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Career
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-0.32%
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0.89%
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0.60%
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0.10%
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0.96%
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0.55%
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0.45%
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0.37%
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99.3%
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97.3%
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98.7%
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Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Aberdeen Emerging Markets Team
 "Photo of Aberdeen Emerging Markets Team")
Devan Kaloo is head of global emerging markets and responsible for the London based GEM team. The team manages Latin America and EMEA equities and Kaloo also has oversight of GEM input from the Asia team based in Singapore. He joined Aberdeen in 2000 on the Asian portfolio team before becoming responsible for the Asian ex Japan region as well as regional portfolios within emerging market mandates and technology stocks. He previously worked for Martin Currie on the North American desk before transferring to the global asset allocation team and then Asian portfolios. He has an MA in Management and International Relations from the University of St Andrews and a MSc in Investment Analysis from the University of Stirling. Key members of the team involved in portfolio construction process include Kaloo, Hugh Young, Peter Hames and Joanne Irvine.
Track record
Aberdeen Emerging Markets Team has 7 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.37%.
During the worst period of relative performance (from January 2007 - October 2007) there was a decline of 10% relative to the index. The worst absolute loss has been 33%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 99%.
Other funds managed
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Start Date |
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Jul 2009
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Mar 2006
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Mar 2007
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Jun 2005
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Feb 2011
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| Periods of worst performance |
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Absolute
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-33%
(May 2008 - November 2008)
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Relative
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-10%
(January 2007 - October 2007)
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Sector record since
May 2005 (7 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach