Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Stocks

Aberdeen Asset Management reduces stake in Infosys from 3.29% to 3.04%

Infosys

Infosys Limited (formerly Infosys Technologies Limited) is an Indian multinational corporation that provides business consulting, information technology, research, development, software engineering and outsourcing services. It is headquartered in Bangalore, Karnataka.

Infosys Aberdeen Share Price April 2016

Aberdeen Asset Management sold 5,626,200 shares or 0.24% on the 8-Apri to reduce its shareholding from 75,796,153 shares or 3.29% to 70,169,953 shares or 3.04%.

Since the holding was under various funds managed by Aberdeen, the holding prior to this share sale could not be verified. The above numbers were disclosed by Aberdeen as part of the filings to the exchange.

Aberdeen Asset Management PLC is an international investment management group, managing assets for both institutions and private investors from offices around the world. Its head office is in Aberdeen, Scotland. The company is listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index.

However, we can verify that the following funds have exited Infosys:

Aberdeen Asset Management Infosys Sale April 2016

Here are the other companies that Aberdeen currently has holdings in under its numerous funds:

Aberdeen Asset Management holdings February 2016

divider

Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.