Aberdeen Asia-Pacific Income Investment Company Limited Announces Merger of United Kingdom Regulated Entities Including the Fun
06 Marzo 2012 - 2:39AM
PR Newswire (Canada)
PHILADELPHIA, March 9, 2012 /CNW/ - Aberdeen Asia-Pacific Income
Investment Company Limited (the "Company"), announced today an
internal reorganization, that Aberdeen Asset Management PLC has
merged Aberdeen Fund Management Limited ("AFML"), into Aberdeen
Asset Managers Limited ("AAML"), effective March 1, 2012.
Therefore, effective March 1, 2012, AAML replaced AFML as
Investment Sub-Adviser to the Company. There will be no change to
the portfolio management team or the level or nature of the
services provided to the Company and the same resources available
to AFML for the management and compliance oversight of the Company
will be available to AAML. AAML, a Scottish company that is
authorized and regulated in the UK by the Financial Services
Authority and acts as Aberdeen's main operating company in the UK.
AAML will continue to conduct the businesses previously conducted
by AFML as its successor and will have all necessary regulatory
licenses, authorizations and permissions in order to carry on the
business of AFML. Important InformationClosed-end funds have a
one-time initial public offering and then are subsequently traded
on the secondary market through one of the stock exchanges. The
investment return and principal value will fluctuate so that an
investor's shares may be worth more or less than the original cost.
Shares of closed-end funds may trade above (a premium) or below (a
discount) the net asset value (NAV) of the fund's portfolio. There
is no assurance that a fund will achieve its investment objective.
Past performance does not guarantee future results. The Aberdeen
Asia-Pacific Income Investment Company Limited is a closed-end
investment company established under the laws of the Cook Islands
with its ordinary shares listed on The Toronto Stock Exchange. In
the United Sates, Aberdeen Asset Management (AAM) the marketing
name for the following affiliated, registered investment advisers:
Aberdeen Asset Management Inc., Aberdeen Asset Managers Ltd,
Aberdeen Asset Management Ltd and Aberdeen Asset Management Asia
Ltd, each of which is wholly owned by Aberdeen Asset Management
PLC. "Aberdeen" is a U.S. registered service mark of Aberdeen Asset
Management PLC.). Aberdeen" is a U.S. registered service mark of
Aberdeen Asset Management PLC. If you wish to receive this
information electronically, please contact:
InvestorRelations@aberdeen-asset.com SOURCE Aberdeen Asia-Pacific
Income Investment Company Limited Aberdeen Asia-Pacific Income
Investment Company Limited CONTACT: Aberdeen Asset Management Inc.,
Investor
Relations,1-800-992-6341,InvestorRelations@aberdeen-asset.comhttp://www.aberdeenfap.com
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