aberdeen introduces initial charge GEM fund
Aberdeen AM has introduced an initial charge on its global emerging market fund range in an attempt to curb inflows that, if they continue, will compromise performance.
Aberdeen AM has introduced an initial charge on its global emerging market fund range in an attempt to curb inflows that, if they continue, will compromise performance.
There has been a shake-up in the Association of Investment Companies (AIC), and William Hemmings of Aberdeen Asset Management has been elected to the board.
The Asian and emerging market equities space is dominated by a few giant funds, but as fears about the capacity of these grow, it may be time to look at more cyclical, value-driven vehicles, particularly in the closed-ended world.
With global emerging market (GEM) funds getting larger and emerging economies relying less on the developed world, the door may be opening for a return to a more measured, country-specific approach.
"Net inflows… have continued at a higher rate than we are comfortable with and we are working to achieve a slowdown to ensure performance is not compromised," a refreshing statement for a fund group?
It is no surprise that Aberdeen AM's CEO is pushing Asian and emerging markets as sources of the world's growth, but Martin Gilbert is another urging investors to look at company strength rather than economic weakness.
The amount of money run by Aberdeen Asset Management increased by 10% over the last year while profits also saw a double-digit jump, according to the group’s latest results.
It's clear that the very largest of GEM funds are still considered the creme de la creme of emerging market investments, but it's for good reason.
Aberdeen’s global emerging markets (GEM) team has added BHP Billiton to its core funds, making the first addition of the year to the portfolios.
Aberdeen AM has switched exposure from Japanese equities to an equal allocation between Brazil and India for its Diversified Growth Fund.
Investing in Aberdeen’s North American Income Trust requires a leap of faith despite the change in its mandate adopted in May, according to Canaccord Genuity.
Aberdeen Asset Management witnessed redemptions of £5.77bn from segregated mandates in the 11 months to 31 August, it revealed in a trading update today.