PHILADELPHIA, May 8, 2014 /PRNewswire/ -- Aberdeen Asset Management Inc. ("Aberdeen") has enhanced its commitment to improving financial literacy with the launch of a financial literacy microsite and a new "What is Money?" video series to increase awareness and engagement.
"Understanding how money and investing works remains a complex topic for children and adults alike. As an investment manager, we believe Aberdeen has a responsibility to the ongoing financial literacy of students of all ages," said Gary Marshall, Head of Americas at Aberdeen. "We are now in our fourth year of the program and are excited to be helping kids navigate their way toward financial literacy."
Aberdeen worked with the Warren Enskat Group and New York University to create a short video series in hopes of starting the conversation with youth on financial literacy. The first short film "What is Money?"– looks at the idea of money and value. The video series will explore the financial fundamentals of savings, credit and investments.
Aberdeen has been involved in financial literacy initiatives for several years and is actively taking steps to expand the financial literacy program within its local and national communities in fun, new and engaging ways.
Since 2011, the asset manager has fostered financial literacy and professional development through engaging, hands-on partnerships with high schools across the US. Through its sponsorship of the "Knowledge@Wharton High School Investment Challenge," high school students gain access to an innovative and real-time securities trading platform, which provides real-world context and mentorship from Aberdeen's investment managers and other employees.
A new initiative is a partnership with Operation Hope for "Banking on Our Future" (BOOF). Aberdeen participated in Operation Hope's "BOOF for a Day" program that took place on April 25, 2014. Aberdeen employees led workshops on budgeting, credit and investment basics at a Philadelphia high school.
Information on Aberdeen's financial literacy initiatives can be found online at aberdeen-asset.us/aam.nsf/usaboutus/financialliteracy.
The Knowledge@Wharton high school investment competition final presentations are May 29, 2014. More information can be found online at kwhs.wharton.upenn.edu/competitions/2013-invest/.
For more information on Operation Hope, please visit operationhope.org/banking-on-our-future.
About Aberdeen Asset Management:
Aberdeen is the parent company of a global asset management group. Formed out of a management buy-out in Aberdeen, Scotland, in 1983, Aberdeen is a FTSE 100 company operating on-the-ground in over 23 countries across Europe, Asia and the Americas.
The Group is defined by its focus on asset management, including equities, fixed income, property and multi-asset portfolios. All investment solutions are driven by its commitment to straightforward, transparent investment approaches that stress intensive, first-hand research and a long-term view.
In the United Sates, Aberdeen Asset Management (AAM) is the marketing name for the following affiliated, registered investment advisers: Aberdeen Asset Management Inc., Aberdeen Asset Managers Ltd, Aberdeen Asset Management Ltd and Aberdeen Asset Management Asia Ltd, each of which is wholly owned by Aberdeen Asset Management PLC. "Aberdeen" is a U.S. registered service mark of Aberdeen Asset Management PLC.
In Canada, AAM is the marketing name for Aberdeen Asset Management Inc., Aberdeen Fund Distributors, LLC, Aberdeen Asset Management Asia Ltd and Aberdeen Asset Management Canada Limited. Aberdeen Asset Management Inc. is registered as a Portfolio Manager in the Canadian provinces of Ontario, Nova Scotia, and New Brunswick, and as an Investment Fund Manager in the Canadian provinces of Ontario, Quebec, and Newfoundland and Labrador. Aberdeen Asset Management Asia Limited and Aberdeen Asset Management Canada Limited are registered as Portfolio Managers in Ontario. Aberdeen Fund Distributors, LLC operates as an Exempt Market Dealer in all provinces and territories of Canada. Aberdeen Fund Distributors, LLC and Aberdeen Asset Management Canada Limited are wholly owned subsidiaries of Aberdeen Asset Management Inc.
SOURCE Aberdeen Asset Management Inc.