LONDON (ShareCast) - A Non-Executive Director of Aberdeen Asset Management last week bought a stake in the FTSE 100-listed group worth 60,000 pounds, it was announced on Monday.

Richard Mully, who has sat on the board since April 2012, acquired 15,000 shares at 400p a go.

The purchase came just a week after the group reported a drop in quarterly assets under management (AuM) and a fall in gross inflows in the face of "weaker investor sentiment".

AuM came to £193.6bn at December 31st 2013, down from £200.4bn at the end of September and lower than analyst expectations.

Gross inflows in three months to end of December were £6.8bn, compared to £9.6bn the previous quarter.

The past 12 months have been a volatile year for the company's share price, which in that time has seen a high of 500p and low of 348p.



Top Director Buys

Pacific Alliance China Land Ltd. (PACL)
Director name: Mr Horst J F Geicke
Amount purchased: 100,000 @ $1.73
Value: $173,000

Aberdeen Asset Management (ADN)
Director name: Mr Richard Stephen Mully
Amount purchased: 15,000 @ 400.00p
Value: £60,000

Europa Oil & Gas (Holdings) (EOG)
Director name: Mr Hugh Mackay
Amount purchased: 934,179 @ 6.00p
Value: £56,051

General Electric Co (GEC)
Director name: Mr W. Geoffrey Beattie
Amount purchased: 2,000 @ € 18.62
Value: € 37,244

Plant Impact (PIM)
Director name: Dr David Jones
Amount purchased: 200,000 @ 14.50p
Value: £29,000

Europa Oil & Gas (Holdings) (EOG)
Director name: Mr Roderick Corrie
Amount purchased: 309,974 @ 6.00p
Value: £18,598

NR

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