Company Description
Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited.
The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia.
The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio.
The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio.
The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States.
| Country | Australia |
| Founded | 1985 |
| Industry | Asset Management |
| Sector | Financials |
| CEO | L.L.B. Martin James Gilbert C.A. |
Contact Details
Address: 255 George Street, Level 10 Sydney, NSW 2000 Australia | |
| Phone | 001 612 9950 2888 |
| Website | aberdeeniaf.com |
Stock Details
| Ticker Symbol | IAF |
| Exchange | NYSEAMERICAN |
| Reporting Currency | USD |
| CIK Code | 0000779336 |
| CUSIP Number | 003011103 |
| ISIN Number | US0030111035 |
| Employer ID | 13-3304681 |
Key Executives
| Name | Position |
|---|---|
| Martin James Gilbert C.A., L.L.B., LLD, M.A., MA LLB LLD CA | Chief Executive Officer, Vice President, Interested Director, Chairman of Aberdeen Global Income Fund Inc |
| Natalie Tam | Portfolio Manager |
| Augustine Mark Daniels Bsc Econ | Portfolio Manager |
| Alison Briggs | Vice President, VP - Aberdeen Global Income Fund Inc and VP - Aberdeen Asia-Pacific Income Fund |
| Michelle Lopez CFA | Portfolio Manager |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Sep 26, 2024 | NPORT-P | Monthly Portfolio Investments Report on Form N-PORT (Public) |
| Sep 3, 2024 | N-PX | Annual Report of proxy voting record of management investment companies |
| Aug 15, 2024 | 40-17G | Filing |
| Aug 6, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Jul 8, 2024 | N-CSRS | Filing |
| Jun 27, 2024 | NPORT-P | Monthly Portfolio Investments Report on Form N-PORT (Public) |
| Apr 8, 2024 | DEF 14A | Other definitive proxy statements |
| Mar 25, 2024 | NPORT-P | Monthly Portfolio Investments Report on Form N-PORT (Public) |
| Feb 8, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |