Abrdn Australia Equity Fund Inc, managed by Aberdeen Standard Investments (Asia) Ltd invests in the Australian equity market across diversified sectors looking for growth prospects, competitive positions and other factors to form a well-performing portfolio. The fund uses a bottom-up and top-down stock picking approach employing proprietary research and fundamental analysis to benchmark against the S&P ASX 200 Accumulation Index. Formed as The First Australia Fund, Inc. on Sep 30, 1985, Abrdn Australia Equity Fund Inc is headquartered in the United States.