For Professional Investors Only – Not For Use by Retail Investors or Advisers
Aberdeen Asset Management is one of the largest independent asset managers in the world in terms of assets under management. The company is based in 25 countries with 37 offices, over 750 investment professionals, and around 2800 staff. Assets under management were £301.39 billion as of 30 June 2016.
Aberdeen has developed a Solutions business that advises and manages on investment strategy and portfolio construction, drawing on its own experts as well as on specialist asset class teams, to provide investment outcomes tailored to specific client needs. Aberdeen Solutions bases trade decisions and multi-asset class mandates on model portfolios. Some of these models are generated with advanced machine learning algorithms developed in MATLAB® and backtested using MATLAB Distributed Computing Server™ in the Microsoft® Azure cloud. They provide an important input into investment decision making.
“With MATLAB we can develop prototypes to test new machine learning techniques quickly,” says Emilio Llorente-Cano, senior investment strategist at Aberdeen. “Once we’ve refined the techniques and incorporated them into our asset allocation algorithms, MATLAB Distributed Computing Server enables us to get rapid, reliable results by running the algorithms with large financial data sets on a distributed computing cluster.”