Aberdeen, S’pore Fund In Management Deal
Aberdeen Asset Management has taken over the management of The Singapore Fund.
Aberdeen Asset Management has taken over the management of The Singapore Fund. Its Singapore-based subsidiary Aberdeen Asset Management Asia is the fund’s manager. With the addition of The Singapore Fund, Aberdeen’s subsidiaries now directly handle nine U.S. exchange-listed closed-end funds and one Canadian investment firm. The Singapore Fund, which is a closed-end investment firm listed on the New York Stock Exchange, has current total assets of $162 million.
Click here for the release from Business Wire.