Peter Malone - Aberdeen Australia Independent Director

IAF Fund  USD 4.45  0.03  0.68%   
Peter Malone is Fund Manager at Aberdeen Australia Ef
Mr. Peter Gerald Malone is Independent Director of Aberdeen Australia Equity Fund Inc. Mr. Malone is, by profession, a solicitor of over 40 years standing. As a member of the UK House of Commons, he served as a Minister of State in the United Kingdom Government
Age 69
Tenure 17 years
Phone612-9950-2888
Webhttps://www.aberdeeniaf.com
Malone currently serves as an independent director of Bionik Laboratories Corporationrationration, a US healthcare company, specializing in stroke rehabilitation using robotic devices. He is Chairman of the Board of Trustees of Aberdeen Funds, Chairman of the Board of Directors of Aberdeen Global Dynamic Dividend Fund, Aberdeen Total Dynamic Dividend Fund, Aberdeen Global Premier Properties Fund and Aberdeen Income Credit Strategies Fund. He previously served as Independent Chairman of UK companies Crescent OTC Ltd until February 2018; and fluidOil Ltd. until June 2018; U.S. company Rejuvenan llc until September 2017 and as chairman of UK company Ultrasis plc until October 2014.

Aberdeen Australia Management Performance (%)

The company has Return on Asset of 1.48 % which means that on every $100 spent on assets, it made $1.48 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.85 %, implying that it generated $0.85 on every 100 dollars invested. Aberdeen Australia's management efficiency ratios could be used to measure how well Aberdeen Australia manages its routine affairs as well as how well it operates its assets and liabilities.
Aberdeen Australia Ef has 7.11 M in debt with debt to equity (D/E) ratio of 0.05, which may show that the company is not taking advantage of profits from borrowing. Aberdeen Australia has a current ratio of 2.09, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Aberdeen Australia until it has trouble settling it off, either with new capital or with free cash flow. So, Aberdeen Australia's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aberdeen Australia sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aberdeen to invest in growth at high rates of return. When we think about Aberdeen Australia's use of debt, we should always consider it together with cash and equity.

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Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments Limited. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States. Abrdn Australia operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange. The fund is not classified under any group at the present time.

Management Performance

Aberdeen Australia Leadership Team

Elected by the shareholders, the Aberdeen Australia's board of directors comprises two types of representatives: Aberdeen Australia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aberdeen. The board's role is to monitor Aberdeen Australia's management team and ensure that shareholders' interests are well served. Aberdeen Australia's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aberdeen Australia's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Penaloza, Vice President
Martin Gilbert, VP, Chief Executive of Aberdeen Asset Management PLC, Executive Director of Aberdeen Asset Management PLC, Director of Aberdeen Asset Management Asia Limited and Director of Aberdeen Asset Management Limited
Peter Sacks, Independent Director
Peter Malone, Independent Director
Lucia Sitar, Vice President
Jeffrey Cotton, Chief Compliance Officer; Vice President, Compliance
Andrea Melia, Principal Accounting Officer and Treasurer
Sharon Ferrari, Assistant Treasurer
Beverly Hendry, Vice President
Alan Goodson, Vice President
Jason Kururangi, Vice President
Megan Kennedy, Vice President Secretary
Moritz Sell, Independent Director
Neville Miles, Independent Chairman of the Board
Joseph Andolina, Chief Compliance Officer and Vice President - Compliance
Matthew Keener, Assistant Secretary
Christian Pittard, President
Michelle Lopez, Vice President
Jennifer Nichols, Vice President
William Potter, Independent Director

Aberdeen Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Aberdeen Australia a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Aberdeen Fund

Aberdeen Australia financial ratios help investors to determine whether Aberdeen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aberdeen with respect to the benefits of owning Aberdeen Australia security.
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