Aberdeen Asset Management has expanded its fixed income range with the launch of a sterling short-dated corporate bond fund.
It will allocate to investment grade credit focusing on securities which mature in five years, and will be managed by the team running the £1.7bn Corporate Bond fund. What are the biggest risks and opportunities for bond investors? Up to half of the fund's assets may be invested in non-sterling assets and then fully hedged back. Aberdeen is looking to raise £100m for the fund within the first year and will have a minimum investment of £500 and an onging charges figure (OCF) of 0.69% on the retail share class. The firm is confident the fund will be able to limit exposure to risi...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes