Financial Services Industry
Industry: Email Alert RSS FeedAberdeen to launch raft of fixed income funds.
Investment Adviser, November, 2007
Byline: Company developing range of fixed income core-plus funds for the retail market
Aberdeen Asset Management is looking at ways to open up its institutional fixed income expertise to the retail market as it prepares to launch a raft of new bond funds.
The firm is developing a range of core-plus funds that will sit between its core fixed income and alpha fixed income funds.
An initial offering of three funds in early 2008 will see one vehicle targeting all stocks gilts, one vehicle targeting all stocks credit and another targeting five-year index-linked gilts.
Anthony Fletcher, client portfolio manager at Aberdeen, said the firm had decided to go ahead despite choppy waters in debt markets.
He said: "What drove our...
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