Aberdeen Development Capital (AVC) Share Price, News & Analysis

Aberdeen Development Capital PLC is an investment trust. It invests development capital in private companies in the United Kingdom and by the acquisition of companies or other entities investing development capital. Its assets are invested in a diversified portfolio of unlisted securities spread across a range of industries within the United Kingdom. Its investment policy is to invest no more than 15% of its gross assets in other listed investment companies (including listed investment trusts). It does not have any investments in other investment companies. As of May 31, 2010, its main investments included Tennants Consolidated, Pilgrim Systems, Cash Bases, IFC Holdings, PLM Dollar Group, Enpure Holdings, THL Midlands, Whiteness Property Company and Ortak Jewellery. As of May 31, 2010, it invested in sectors, such as basic materials, general industrials, consumer goods, consumer services, technology, utilities and financials. Its investment manager is Aberdeen Asset Managers Limited.