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Aberdeen says markets undergoing necessary purging

Investment Outlook Series: Hugh Young, head of equities at Aberdeen Asset Management Asia, says an economic slowdown will weed out companies that have been expanding recklessly.
This is part of an AsianInvestor series on the investment outlook of fund managers with Asian portfolios.Hugh Young is a Singapore-based managing director at Aberdeen Asset Management Asia, Aberdeen Group's regional headquarters in the region. He is group head of equities as well as a member of the executive committee responsible for the Aberdeen Group's day-to-day operations. He co-founded AberdeenÆs Singapore office in Asia in 1992, having been recruited in 1985 to manage Asian equi…
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