Is Now the Time to Buy Aberdeen Asset Management plc (ADN)?

Nonetheless, Aberdeen Asset Management plc (LON:ADN)’s management continues to remain cautious about the global economic environment and equity markets. In particular, Aberdeen’s management is seeking to reduce interest in the company’s very popular emerging-market funds, as management believes that if the current level of demand continues, fund performance could be affected.

Furthermore, due to Aberdeen Asset Management plc (LON:ADN)’s exposure to global stock markets, any significant fall in market values could affect the company’s near-term earnings outlook. In addition, the company is highly reliant on its fund-management performance to draw in clients and any departure could lead to an outflow of assets.

That said, Aberdeen is currently experiencing record demand for its products and the firm currently looks cheap compared to its peers and near-term earnings growth. So overall, I believe now looks to be a good time to buy Aberdeen Asset Management plc (LON:ADN) Asset Management at 432 pence.

The article Is Now the Time to Buy Aberdeen Asset Management? originally appeared on Fool.com and is written by Rupert Hargreaves.

Rupert does not own any share mentioned in this article.

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