ASI launches range of 'focused' equity funds

'High active share products'

Aberdeen Standard Investments (ASI) has announced the launch of a new 'Focused' range of regional equity funds.

ASI said it would open the range with Global Emerging Market, North American and Global Equity SICAVs and a Global OEIC, with the intention to add European and Asian funds in future. The funds will emulate ASI's US-domiciled North American Equity Focused portfolio, which it launched in 2017, as highly concentrated portfolios of between 20 and 35 stocks. They will combine deep fundamental research with a fully integrated analysis of ESG issues, the firm said. Standard Life Aberdeen committed to final dividend payout The portfolios will be managed by a 'POD', which ASI said was "a gr...