Aberdeen Diversified Income and Growth Trust plc


The Company’s investment objective is to target a total portfolio return of LIBOR (London Interbank Offered Rate) plus 5.5 per cent. per annum (net of fees) over rolling five-year periods.

Morningstar rating:
2 out of 5

Daily prices as of {{asOfDate}}

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Key people

Mike Brooks

Mike Brooks

Head of Diversified Multi-Asset Strategies

Mike Brooks is Head of Diversified Multi Asset Strategies. Mike joined Aberdeen in 2015 from Baillie Gifford where he was an Investment Manager in the Diversified Growth team. He co-founded the Diversified Growth strategy at Baillie Gifford in 2008, playing a leading role in the development of the philosophy and process, in the ongoing management of the fund and in the successful expansion of the client base. Mike joined Baillie Gifford in 2000 as Head of Investment Risk. Prior to this he was Head of Quantitative Research at Aegon Asset Management. Mike is a qualified actuary.

Tony Foster

Tony Foster

Senior Investment Manager

Tony Foster is a Senior Investment Manager on the Diversified Multi-Asset Team within Aberdeen Solutions. His current research responsibilities include closed end funds for the Aberdeen Diversified Growth Fund and other multi-asset clients. Tony joined Aberdeen following the SWIP acquisition in April 2014. At SWIP, he managed a number of UK equity portfolios and also the Halifax Fund of Investment Trusts OEIC. Prior to joining SWIP in 2000, Tony spent nearly 12 years with Baillie Gifford working in the UK and Asia Pacific equity teams. His portfolio management responsibilities included a number of investment trusts.

Tony holds a First Class Honours BA in Metallurgy, Economics and Management from the University of Oxford and is an Associate of the UK Society of Investment Professionals.

  • Mike Brooks

    Head of Diversified Multi-Asset Strategies

    Mike Brooks is Head of Diversified Multi Asset Strategies. Mike joined Aberdeen in 2015 from Baillie Gifford where he was an Investment Manager in the Diversified Growth team. He co-founded the Diversified Growth strategy at Baillie Gifford in 2008, playing a leading role in the development of the philosophy and process, in the ongoing management of the fund and in the successful expansion of the client base. Mike joined Baillie Gifford in 2000 as Head of Investment Risk. Prior to this he was Head of Quantitative Research at Aegon Asset Management. Mike is a qualified actuary.

  • Tony Foster

    Senior Investment Manager

    Tony Foster is a Senior Investment Manager on the Diversified Multi-Asset Team within Aberdeen Solutions. His current research responsibilities include closed end funds for the Aberdeen Diversified Growth Fund and other multi-asset clients. Tony joined Aberdeen following the SWIP acquisition in April 2014. At SWIP, he managed a number of UK equity portfolios and also the Halifax Fund of Investment Trusts OEIC. Prior to joining SWIP in 2000, Tony spent nearly 12 years with Baillie Gifford working in the UK and Asia Pacific equity teams. His portfolio management responsibilities included a number of investment trusts.

    Tony holds a First Class Honours BA in Metallurgy, Economics and Management from the University of Oxford and is an Associate of the UK Society of Investment Professionals.

James Long

James Long

Chairman

James Long was appointed a Director on 1 May 2006 and Chairman on 26 February 2015. James was formerly Director of Risk and Compliance for AstraZeneca Europe, Corporate Finance Director of Inchcape plc and Managing Director, Asia and Emerging Markets, for the ESAB Group.

Tom Challenor

Tom Challenor

Chairman of Audit Committee

Appointed a Director on 6 April 2017 and Chairman of the Audit Committee on 1 November 2018, Tom is a director of Euroclear (UK & Ireland) Limited. He was formerly a director of Cofunds Limited, Xtrakter Limited and Threadneedle Lux (SICAV). During his career with Threadneedle Asset Management he was Director of Strategy and Risk from 2005-2009 and CFO from 1997-2005. Tom is a non-executive director of Threadneedle India Fund Limited

Jim Grover

Jim Grover

Non-Executive Director

Jim Grover was appointed on 25 June 2013. He was, until September 2013, Group Strategy Director of Diageo plc and a member of its Executive Committee. He was formerly a Senior Adviser to the Consumer Markets group of KPMG LLP.

Julian Sinclair

Julian Sinclair

Non-Executive Director

Julian Sinclair was appointed on 21 July 2015. He is the Chief Investment Officer at Talisman Global Asset Management Limited. Prior to joining Talisman, he was a Senior Portfolio Manager at BlueBay Asset Management plc and a Partner at Altima Partners LLP. He started his career at Gartmore as an analyst and portfolio manager.

Davina Walter

Davina Walter

Senior Independent Director

Davina Walter is currently employed as an investment consultant having started her career at Cazenove & Co where she spent more than 11 years involved in US equity research. She spent over 16 years as an investment manager of US equity portfolios, most recently as a Managing Director at Deutsche Asset Management. She has been actively involved with investment trusts since 1985 and is currently Chairman of JPMorgan US Smaller Companies Investment Trust.

  • James Long

    Chairman

    James Long was appointed a Director on 1 May 2006 and Chairman on 26 February 2015. James was formerly Director of Risk and Compliance for AstraZeneca Europe, Corporate Finance Director of Inchcape plc and Managing Director, Asia and Emerging Markets, for the ESAB Group.

  • Tom Challenor

    Chairman of Audit Committee

    Appointed a Director on 6 April 2017 and Chairman of the Audit Committee on 1 November 2018, Tom is a director of Euroclear (UK & Ireland) Limited. He was formerly a director of Cofunds Limited, Xtrakter Limited and Threadneedle Lux (SICAV). During his career with Threadneedle Asset Management he was Director of Strategy and Risk from 2005-2009 and CFO from 1997-2005. Tom is a non-executive director of Threadneedle India Fund Limited

  • Jim Grover

    Non-Executive Director

    Jim Grover was appointed on 25 June 2013. He was, until September 2013, Group Strategy Director of Diageo plc and a member of its Executive Committee. He was formerly a Senior Adviser to the Consumer Markets group of KPMG LLP.

  • Julian Sinclair

    Non-Executive Director

    Julian Sinclair was appointed on 21 July 2015. He is the Chief Investment Officer at Talisman Global Asset Management Limited. Prior to joining Talisman, he was a Senior Portfolio Manager at BlueBay Asset Management plc and a Partner at Altima Partners LLP. He started his career at Gartmore as an analyst and portfolio manager.

  • Davina Walter

    Senior Independent Director

    Davina Walter is currently employed as an investment consultant having started her career at Cazenove & Co where she spent more than 11 years involved in US equity research. She spent over 16 years as an investment manager of US equity portfolios, most recently as a Managing Director at Deutsche Asset Management. She has been actively involved with investment trusts since 1985 and is currently Chairman of JPMorgan US Smaller Companies Investment Trust.

Financial calendar

Event Date
Year End 30 September
Results Announced January
Accounts Published January
Annual General Meeting February
Dividend Paid Quarterly (January, March, July, October)

Trust details

Aberdeen Diversified Income and Growth Trust plc

Registered Office:
1 George Street,
Edinburgh,
EH2 2LL

Registered in Scotland as an Investment Company Number SC003721

Launch Date: 1898

Risk warning

Risk warning
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested. The tax benefits relating to ISA investments may not be maintained. Investors should review the relevant Key Information Document (KID) brochure prior to making an investment decision.
Read the detailed risk warning
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