This 1,400% Fund Manager Stays Faithful to Active Investing
- Hugh Young to lead Standard Life Aberdeen in Asia after merger
- His stock fund has outperformed the benchmark index since 1988
Hugh Young.
Photographer: Ore Huiying/BloombergThis article is for subscribers only.
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 Young, who co-founded Aberdeen’s Asia business in 1992 and has trounced the region’s benchmark index with his flagship equity fund over the past three decades.