Aberdeen Asset Management’s big bet on Asia, and on emerging markets generally, cost it dearly last year and could continue to punish the Scottish money manager in 2016. But Martin Gilbert, Aberdeen’s co-founder and CEO, is hardly one to retreat.
"We are happy to be concentrated in this area," Gilbert says. "Emerging markets are a great place to be long term, even medium term. They are just going through a hiccup in the short term."
