UK-listed Aberdeen Asset management said its pre-tax profits rose to £95.1 million ($145.7 million) in the 12 months to 30 September from £94.3 million in the same period a year before while assets also rose.

Assets under management increased to £111.1 billion from £95.3 billion. The firm chalked up new business of £21.8 billion in the year, plus additional new business awards, not yet funded, of £1.9 billion.

Once exceptional items and amortisation of intangible items are taken out, Aberdeen’s pre-tax profit was £60.5 million, up by almost three times from £23.7 million.

“We will continue to manage the business tightly, but we also remain keen to take advantage of relevant growth opportunities that may emerge during this turbulent period," Martin Gilbert, chief executive of Aberdeen Asset Management, said.

This year represents Aberdeen's twenty-fifth year as an independent asset management group.