Aberdeen aims to maintain a progressive dividend policy

Aberdeen Asset Management, Europe's second largest fund manager, has just announced a 15 per cent full year increase in underlying profit before tax, to 347.8m pounds, versus 301.9m pounds a year ago.

Aberdeen Asset Management, Europe's second largest fund manager, has just announced a 15 per cent full year increase in underlying profit before tax, to 347.8m pounds, versus 301.9m pounds a year ago.

The above on an 11% increase in revenues, which reached £869.2m. Significantly, assets under management increased by 10% to £187.2bn, from last year's £169.9bn.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.