Star Asia Pacific fund manager Hugh Young is excited by the merger of his employer Aberdeen Asset Management and Standard Life, saying ‘in some senses it's quite reinvigorating’. Interviewed before the two groups announced their new board, Young said the combination opened opportunities for his Singapore-based business.
In this video interview the 59-year-old, who has been with Aberdeen since 1985, says:
- he has no plans to retire and remains engaged in fund management;
- indicates why his Aberdeen New Dawn (ABD) and Edinburgh Dragon (EFM) trusts are unlikely to merge;
- discusses his underperformance in 2014/15 before the rebound of the past year;
- explains why corporate governance concerns have kept him out of Chinese internet stocks such as Alibaba (BABA.K).