Aberdeen New Dawn Investment Trust PLC


The objective of Aberdeen New Dawn Investment Trust PLC is to provide shareholders with a high level of capital growth through equity investment in the Asia Pacific countries excluding Japan.

Morningstar rating:
4 out of 5

Daily prices as of {{asOfDate}}

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Key people

James Thom

James Thom

Senior Investment Manager

Personal Details

Joined AAM: August 2010

Nationality: British

Location: Singapore

Education and Experience

James Thom is an investment manager on the Asian Equities Team. James joined Aberdeen in 2010 from Actis, the emerging markets Private Equity firm, based in Singapore and covering Southeast Asia.

James graduated with an MBA from INSEAD, an MA from Johns Hopkins University and a BSc from University College London.

Flavia Cheong

Flavia Cheong

Head of Equities - Asia Pacific ex Japan

Personal Details

Joined AAM: August 1996

Nationality: Singaporean

Location: Singapore

Education and Experience

Flavia Cheong is Head of Asia Pacific ex Japan Equity on the Asian Equities team, where, as well as sharing responsibility for company research, she oversees regional portfolio construction. Before joining Aberdeen in 1996, she was an economist with the Investment Company of the People’s Republic of China, and earlier with the Development Bank of Singapore. Flavia graduated with a BA in Economics and an MA (Hons) in Economics from the University of Auckland. She is a CFA charterholder.

CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute

Adrian Lim

Adrian Lim

Investment Director

Personal Details

Joined AAM: 2000

Nationality: Malaysian

Location: Singapore

Education and Experience

Adrian Lim is a senior investment manager on the Asia Pacific (ex Japan) equity team. Adrian originally joined Aberdeen in 2000 as a manager in private equity, on the acquisition of Murray Johnstone, but transferred to his current post soon afterwards. Previously, Adrian worked for Arthur Andersen LLP as an associate director advising clients on mergers & acquisitions in the region.

Adrian graduated with a BAcc from Nanyang Technological University, Singapore. He is a CFA Charterholder.

CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute

Hugh Young

Hugh Young

Managing Director - Asia

Hugh Young is the Managing Director - Asia of Aberdeen Standard Investments. He was formerly a main board director and Head of Investments for Aberdeen Asset Management (before its merger with Standard Life plc). Hugh joined Aberdeen in 1985 to manage Asian equities from London, having started his investment career in 1980. He founded Singapore-based Aberdeen Asia in 1992 and since then he has built the company into one of the largest and most well-respected managers of such assets globally. Hugh is a director of a number of group subsidiary companies and group-managed investment trusts and funds. Hugh graduated with a BA (Hons) in Politics from Exeter University.

  • James Thom

    Senior Investment Manager

    Personal Details

    Joined AAM: August 2010

    Nationality: British

    Location: Singapore

    Education and Experience

    James Thom is an investment manager on the Asian Equities Team. James joined Aberdeen in 2010 from Actis, the emerging markets Private Equity firm, based in Singapore and covering Southeast Asia.

    James graduated with an MBA from INSEAD, an MA from Johns Hopkins University and a BSc from University College London.

  • Flavia Cheong

    Head of Equities - Asia Pacific ex Japan

    Personal Details

    Joined AAM: August 1996

    Nationality: Singaporean

    Location: Singapore

    Education and Experience

    Flavia Cheong is Head of Asia Pacific ex Japan Equity on the Asian Equities team, where, as well as sharing responsibility for company research, she oversees regional portfolio construction. Before joining Aberdeen in 1996, she was an economist with the Investment Company of the People’s Republic of China, and earlier with the Development Bank of Singapore. Flavia graduated with a BA in Economics and an MA (Hons) in Economics from the University of Auckland. She is a CFA charterholder.

    CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute

  • Adrian Lim

    Investment Director

    Personal Details

    Joined AAM: 2000

    Nationality: Malaysian

    Location: Singapore

    Education and Experience

    Adrian Lim is a senior investment manager on the Asia Pacific (ex Japan) equity team. Adrian originally joined Aberdeen in 2000 as a manager in private equity, on the acquisition of Murray Johnstone, but transferred to his current post soon afterwards. Previously, Adrian worked for Arthur Andersen LLP as an associate director advising clients on mergers & acquisitions in the region.

    Adrian graduated with a BAcc from Nanyang Technological University, Singapore. He is a CFA Charterholder.

    CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute

  • Hugh Young

    Managing Director - Asia

    Hugh Young is the Managing Director - Asia of Aberdeen Standard Investments. He was formerly a main board director and Head of Investments for Aberdeen Asset Management (before its merger with Standard Life plc). Hugh joined Aberdeen in 1985 to manage Asian equities from London, having started his investment career in 1980. He founded Singapore-based Aberdeen Asia in 1992 and since then he has built the company into one of the largest and most well-respected managers of such assets globally. Hugh is a director of a number of group subsidiary companies and group-managed investment trusts and funds. Hugh graduated with a BA (Hons) in Politics from Exeter University.

David Shearer

David Shearer

Chairman and Independent Non-Executive Director

David Shearer is a board level strategic advisor and turnaround specialist. Previously chairman of Mouchel Group PLC and Crest Nicholson PLC and a non-executive director of City Inn Limited, where he led the successful restructuring of these respective businesses. He was also co-chairman of Martin Currie (Holdings) Limited. He is currently Chairman of Speedy Hire plc, the Scottish Edge Fund and Socium Group, and a non-executive director and Chairman-elect of Stobart Group Limited.

John Lorimer

John Lorimer

Non-Executive Director

John Lorimer held a number of management positions in Citigroup prior to joining Standard Chartered Bank where he was Group Head of Finance and latterly Group Head of Compliance and Regulatory Risk. He is also a director of BUPA Australia Limited and Bank of Queensland Limited. He is Chairman of the Audit and Risk Committee.

Susie Rippingall

Susie Rippingall

Non-Executive Director

Susie Rippingall has over 25 years of fund management experience in Asian markets and was, until 2013, portfolio manager of Scottish Oriental Smaller Companies Trust Plc. She is currently a non-executive director of Sovereign Asset Management Limited, NTAsian Discovery Fund and NTAsian Emerging Leaders Fund.
Marion Sears

Marion Sears

Non-Executive Director

Marion Sears had an executive career in stockbroking and investment banking and was latterly a Managing Director of Investment Banking at JPMorgan. She is also a non-executive director of Persimmon plc, Dunelm Group plc and Fidelity European Values plc.
donald_workman_250x350

Donald Workman

Non-Executive Director

Donald Workman was appointed as an independent non-executive Director of the Company on
1 October 2018. He had an executive career at The Royal Bank of Scotland PLC until 2016 where, over a period of 23 years, he held a number of senior positions which latterly included acting as Executive Chairman of the group’s Asia Pacific business. He was a member of the RBS Group Executive Committee from 2014. He was also an independent non-executive director of Standard Life Private Equity Trust plc between 2006 and 2013. He is currently non-executive Chairman of JCB Finance Limited.

Hugh Young

Hugh Young

Managing Director, Asia Pacific Region

BA in Politics from Exeter University. Started investment career in 1980. In charge of ASI’s Far East funds since 1985. He is managing director of Aberdeen Standard Investments (Asia) Limited, responsible for all the Standard Life Aberdeen Group's investments in Asia.

He is also a director of Aberdeen Australia Equity Fund Inc, Aberdeen Asia-Pacific Income Investment Company Limited, Aberdeen Asian Income Fund Limited, Aberdeen Standards Asia Focus PLC (alternate) and The India Fund Inc.

  • David Shearer

    Chairman and Independent Non-Executive Director

    David Shearer is a board level strategic advisor and turnaround specialist. Previously chairman of Mouchel Group PLC and Crest Nicholson PLC and a non-executive director of City Inn Limited, where he led the successful restructuring of these respective businesses. He was also co-chairman of Martin Currie (Holdings) Limited. He is currently Chairman of Speedy Hire plc, the Scottish Edge Fund and Socium Group, and a non-executive director and Chairman-elect of Stobart Group Limited.

  • John Lorimer

    Non-Executive Director

    John Lorimer held a number of management positions in Citigroup prior to joining Standard Chartered Bank where he was Group Head of Finance and latterly Group Head of Compliance and Regulatory Risk. He is also a director of BUPA Australia Limited and Bank of Queensland Limited. He is Chairman of the Audit and Risk Committee.

  • Susie Rippingall

    Non-Executive Director

    Susie Rippingall has over 25 years of fund management experience in Asian markets and was, until 2013, portfolio manager of Scottish Oriental Smaller Companies Trust Plc. She is currently a non-executive director of Sovereign Asset Management Limited, NTAsian Discovery Fund and NTAsian Emerging Leaders Fund.
  • Marion Sears

    Non-Executive Director

    Marion Sears had an executive career in stockbroking and investment banking and was latterly a Managing Director of Investment Banking at JPMorgan. She is also a non-executive director of Persimmon plc, Dunelm Group plc and Fidelity European Values plc.
  • Donald Workman

    Non-Executive Director

    Donald Workman was appointed as an independent non-executive Director of the Company on
    1 October 2018. He had an executive career at The Royal Bank of Scotland PLC until 2016 where, over a period of 23 years, he held a number of senior positions which latterly included acting as Executive Chairman of the group’s Asia Pacific business. He was a member of the RBS Group Executive Committee from 2014. He was also an independent non-executive director of Standard Life Private Equity Trust plc between 2006 and 2013. He is currently non-executive Chairman of JCB Finance Limited.

  • Hugh Young

    Managing Director, Asia Pacific Region

    BA in Politics from Exeter University. Started investment career in 1980. In charge of ASI’s Far East funds since 1985. He is managing director of Aberdeen Standard Investments (Asia) Limited, responsible for all the Standard Life Aberdeen Group's investments in Asia.

    He is also a director of Aberdeen Australia Equity Fund Inc, Aberdeen Asia-Pacific Income Investment Company Limited, Aberdeen Asian Income Fund Limited, Aberdeen Standards Asia Focus PLC (alternate) and The India Fund Inc.

Financial calendar

Event Date
Year End 30 April
Accounts Published July
Annual General Meeting September
Dividend Paid September, January

Trust details

Aberdeen New Dawn Investment Trust PLC

Registered Office:
Bow Bells House,
1 Bread Street,
London
EC4M 9HH

Registered in England and Wales as an Investment Company Number 2377879

Launch Date: May 1989

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.
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