PHILADELPHIA, March 15, 2013 /PRNewswire/ -- Aberdeen Asset Management Inc. ("Aberdeen") today announced that the Aberdeen Asia Bond Fund (Institutional Class: CSABX), the Aberdeen Global Small Cap Fund (Institutional Class: ABNIX) and the Aberdeen International Equity Fund (Institutional Class: GIGIX and Institutional Service Class: GIGSX) have won four (4) 2013 Lipper Fund Awards.
The Aberdeen Asia Bond Fund was awarded "Best International Income Fund over Three Years" for the second time (the Fund won the same award in 2012). The Aberdeen Global Small Cap Fund was awarded "Best International Small Cap Equity Fund over Three Years." The Aberdeen International Equity Fund was awarded both "Best International Equity Fund over Three Years" and "Best International Equity Fund over Ten Years." The Aberdeen International Equity Fund and the Aberdeen Asia Bond Fund are both previous Lipper Fund Award winners; this is the first Lipper Fund Award for the Aberdeen Global Small Cap Fund."We are delighted to be recognized by Lipper for the performance of these funds in both the three-year and ten-year categories," said Gary Marshall, Aberdeen's Chief Executive. "These awards are an outstanding testament to Aberdeen's core investment philosophy: a disciplined, research-driven investment strategy which applies to each of our mutual fund portfolios. We are extremely pleased that our investment teams are being recognized for their hard work in producing strong, consistent returns for our clients." In the face of the low-growth, low-yield environment in the West, investors have been increasingly turning to internationally diversified portfolios in the search for income and growth. "With 31 offices in 23 countries, Aberdeen's investment teams around the world are in a particularly strong position to offer diversification, both geographically and between asset classes," concluded Marshall. Aberdeen has had operations in the U.S. since 1995 and established its North American headquarters in Philadelphia in 2005. As of December 31, 2012, Aberdeen manages more than $50 billion on behalf of clients in the Americas invested in a range of domestic and international equity, fixed income and property portfolios. Globally, Aberdeen and its affiliates manage more than $314 billion. The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams.
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