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Aberdeen Floats Diversified Growth Funds
Aberdeen Asset Management has rolled out two diversified growth funds.
Aberdeen Asset Management has rolled out two diversified growth funds, Financial Times reports. The Aberdeen Diversified Growth fund and the life company Aberdeen Life Diversified Growth fund, which have been seeded with £40 million from institutional investors, will focus on growth in Asia and emerging debt and equity markets.
The products, which will have a ‘strategic tilt’ towards Asia and emerging debt and equity markets, will be available to both institutional and wholesale markets. The vehicles will be run by Aberdeen’s multi-asset team, led by Mike Turner, head of global strategy and asset allocation.
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