The current range includes the Aberdeen Multi-Manager Emerging Market, International Growth and UK Growth portfolios. These are to be merged into the team’s existing Equity Manager portfolio.
At the same time, the Aberdeen Multi-Manager UK Income and Sterling Bond funds will be transferred into the Multi-Asset Distribution portfolio.
Co-head of multi-manager funds Graham Duce, explained the move saying: ““These proposals are in the best interests of clients and aim to consolidate our multi-manager range and create portfolios of critical mass. We are seeing interest in multi-manager funds with broader investment remits.”
The move is still subject to FSA approval but the firm hopes to have the mergers completed on 27 January, 2012.
The current range is now:
- Balanced Managed
- Cautious Managed
- Constellation
- Diversified Alpha
- Ethical
- Equity Managed
