Aberdeen said the Luxembourg-domiciled Aberdeen Global Multi-Asset Income Fund is designed to address the increased demand for multi-asset investment products and the challenges that investors face when seeking income in a low-rate environment.
It combines a range of income-generating assets with the aim of producing a high, sustainable annual yield while maintaining the real value of capital over the medium term.
The fund is managed by a team of eight and is registered for public distribution in Belgium, Czech Republic, Hungary, Luxembourg, Netherlands, Switzerland, and Singapore.
Its asset allocation is determined by the yield expectations of a range of assets with a focus on creating a diversified portfolio.
Mike Turner, head of multi-asset at Aberdeen Asset Management, said: “In the post-financial crisis world, income is harder to come by. Using our team’s extensive experience in multi-asset investment, we aim to provide a product which can deliver a sustainable annual yield while maintaining the real value of investors’ capital over the medium term.”
Aberdeen is an FTSE 100-listed independent asset management company launched in 1983. It manages assets of €457bn in over 25 countries across Europe, Asia, and the Americas.
Earlier this month, the company hired former UK shadow pensions minister Gregg McClymont to fill a new role as head of retirement savings.