Bestinvest says
Aberdeen Asian Equities team aims to invest in quality companies and undertake detailed proprietary company research. Aberdeen has built a highly resourced team that is based in Emerging Market regions, which gives us confidence in their strength and depth. Historically, the fund has been prepared to sacrifice some stock liquidity in compensation for the quality of a business. Usually the fund has a beta less than the market and so has a tendency to underperform in liquidity driven rallies.
The fund aims to achieve long term capital appreciation by investing in the equity of companies which are incorporated in India or which derive significant revenue or profit from India. The portfolio is not structured around to benchmarks. The investment process focuses on identifying quality companies that are mis-priced. These companies tend to be shareholder friendly, straight forward, focused business, with strong management and a strong balance sheet. Historically the fund has been prepared to sacrifice some stock liquidity in compensation for the quality of a business. A position will not be taken in a company until company management have been met. The structured investment process rules out investment in poor quality companies that are cheap. Usually the fund has a beta less than the market and hence has a tendency to underperform in liquidity driven rallies.