Aberdeen's Hugh Young and his Asia Pacific team have won OBSR's Outstanding Fund Manager award.
The award is given to the manager or team which has produced exceptional returns over at last 10 years, with consideration being given to their loyalty and tenure, consistency of approach, risk adjusted returns and assets under management.
OBSR research director Richard Romer-Lee says Young and his colleagues have demonstrated a long-term commitment to Asia.
"Hugh Young and his team have been running these funds since the late 1980s, and have devised and maintained a process which has stood the test of time," he says.
"More importantly, their investment strategy has stood it through the volatile markets of the Asian crisis during the early days of the funds.
"They were big believers in the asset class at a time when people were skeptical and they have proved very good at staff retention and maintaining assets."
Young puts his success down to having a long-term strategy.
"My strategy is to not worry about the stock market, but to try to invest for the long term, which is something surprisingly few people do," he says.
"Part of it is also being prepared to underperform occasionally. The only thing a fund manager can guarantee is that he will underperform from time to time."
The managing director of Aberdeen's Asia business believes India is offering better investment opportunities than China.
"I am more comfortable in India than China. The companies have been around for a long time and are not owned by the state or by entrepreneurs whose debts - in the widest sense of the word - we do not know," he says.
"Economic growth has been slower in India than China, but just because economic growth has been 10% per year, it does not necessarily translate into equity returns."
Meanwhile, he says the impact of the Australian election, which has ended with a minority Government, will be neutral.
"I do not think Australia is going to change that much as a result of the election. There is not going to be a radical change," he says.
"You could argue the political risk has already increased in Australia this year with Kevin Rudd and his hindsight taxes for the mining industry."
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