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Aberdeen's 1,400% man in Asia on why his heart is in active funds

Active funds in Asia attracted about US$88b of net inflows last year, 90% more than passive funds

"Logically, if you're investing in something, do you just buy because it's big? No." - Hugh Young (above)


HUGH Young understands the appeal of passive investing - it's one of the faster-growing offerings at his firm, Aberdeen Asset Management Plc. But that doesn't mean he likes it.

"My heart isn't in it," says Mr Young, who co-founded Aberdeen's Asia business in 1992 and has...

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