Aberdeen Asset Management is taking over two Credit Suisse funds. The Credit Suisse Large Cap Blend Fund and the Credit Suisse Large Cap Blend II Fund, worth some $339 million in assets as of October 5 will be reorganized into new Aberdeen funds on October 10. The Credit Suisse Large Cap Blend Fund will be restructured into the Aberdeen U.S. Equity I Fund and will be renamed as Aberdeen U.S. Equity Fund. The Credit Suisse Large Cap Blend II Fund will be restructured into the Aberdeen U.S. Equity II Fund.
Click here for the release from PR Newswire.