Aberdeen Opens Toronto Office


    
    Hires Business Development Manager




    
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<p><location>TORONTO</location>, <chron>Dec. 1</chron> /CNW/ -- Aberdeen Asset Management Inc. is pleased to announce the opening of a new Canadian office to strengthen the company's business in <location>Canada</location>. The office will be located at 161 Bay Street, 27th Floor, Brookfield Place TD <location>Canada</location> Trust Tower, <location>Toronto</location>, Ontario.</p>
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<p>To further Aberdeen's commitment to the Canadian market, <person>Kimberley Woolverton</person>, CFA, will assume the position of Business Development Manager in the <location>Toronto</location> office. Kimberley will report to <person>Renee Arnold</person> and will focus on servicing our existing clients as well as building future relationships in the Canadian marketplace.</p>
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<p>Prior to joining Aberdeen, Kim was responsible for business development and client servicing at Burgundy Asset Management in <location>Toronto</location>. She also spent over three years with Merrill Lynch in <location>Denver</location>, Colorado. Kim earned her Bachelor of Science (Distinction) degree from McGill University and is a Chartered Financial Analyst® charterholder.</p>
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<p><person>Renee Arnold</person>, Senior Manager, Institutional Business Development - <location>Canada</location>, comments:</p>
<p>"Aberdeen's client base in <location>Canada</location> has steadily grown over recent years as investors have recognized our expertise in managing various investment mandates. The appointment of Kimberley and the opening of the <location>Toronto</location> office provide a local presence and reinforces our commitment to the Canadian market."</p>
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<p>Aberdeen manages over CAD$3.3 billion in assets for a wide range of Canadian clients, as of <chron>Sept. 30, 2009</chron>.</p>
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    About Renee Arnold
    
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<p>Renee joined Aberdeen is 2000 resulting from Aberdeen's acquisition of <person>Murray Johnstone</person>. She started with <person>Murray Johnstone</person> in 1984 to maintain the international performance reporting system and institutional consultant liaison program and was promoted to Vice President in 1992. Renee previously worked for Union Texas Petroleum as a geophysical technician analyzing the fault systems of <location>Abu Dhabi</location> and <location>Indonesia</location>. Renee graduated with a BA (Hons) in Fine Arts and Sciences from the University of <location>Miami</location>, Florida.</p>
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    About Kimberley Woolverton
    
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<p>Kimberley joined Aberdeen in <chron>November 2009</chron>. Prior to joining Aberdeen, Kim spent over 3 years with Merrill Lynch in <location>Denver</location>, Colorado as a Special Services Financial Planner. Most recently she was responsible for business development and client servicing at Burgundy Asset Management in <location>Toronto</location>. Kimberley graduated with a BSc (Distinction) from McGill University. She is a CFA® charterholder.</p>
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    About Aberdeen
    
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<p>At Aberdeen, asset management is our business. We know global markets from the local level upwards, drawing on over 1,800 staff, across 30 offices in 24 countries. We only manage assets for third parties, allowing us to focus solely on their needs, without conflicts of interest.</p>
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<p>Our clients access our investment expertise across the three asset classes: equities, fixed income and property. We package our skills in the form of segregated and pooled products across borders. We invest worldwide and follow a predominantly long-only approach, based on fundamentally sound investments - we do not chase market fads. Our investment teams are based in the markets or regions in which they invest. Clients understand our process and portfolios because they are transparent.</p>
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<p>For more information about Aberdeen's capabilities in <location>Canada</location>, please call (416) 572-2020, or visit <a href="http://www.aberdeen-asset.ca">www.aberdeen-asset.ca</a>.</p>
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<p>Aberdeen Asset Management PLC is an international investment management group, managing CAD <money>$251 billion</money> in assets (as of <chron>Sept. 30, 2009</chron>) for both institutions and private individuals from offices around the world.</p>
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<p>Aberdeen Asset Management is the marketing name in <location>Canada</location> and the U.S. for the following affiliated U.S. registered investment advisors: Aberdeen Asset Management Inc., Aberdeen Asset Management Investment Services Ltd., Aberdeen Asset Management Ltd., and Aberdeen Asset Management Asia Ltd. (collectively, the "Aberdeen Advisers").</p>
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<p>Aberdeen Asset Management Inc. is also registered in the Canadian provinces of Ontario, Nova Scotia and <location>New Brunswick</location>. Aberdeen Asset Management PLC is not a Canadian registered investment advisor.</p>
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    "Aberdeen" is a U.S. registered service mark of Aberdeen Asset Management
PLC.

    CFA® and Chartered Financial Analyst® are trademarks owned by CFA
Institute



    

For further information: For further information: James Thorneley (UK), 44 20 7463 6323, james.thorneley@aberdeen-asset.com; Katie Cowley (U.S.), +1-215-405-2423, katie.cowley@aberdeen-asset.com Web Site: http://www.aberdeen-asset.ca

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ABERDEEN ASSET MANAGEMENT INC.

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