Meanwhile, the US equivalents were closed to new investments.
In its most recent stock market announcement Aberdeen reported profits up 34% year-on-year, with GEM, Asia-Pacific and global equities accounting for the lion’s share of fund inflows.
So, with the group working to stem flows into its GEM products, will the business suffer as a result, or is it more than a one-trick pony?
Take a look at five top-performing alternatives, including a relatively new ‘one to watch.’