View more on these topics

Aberdeen removes all its own funds from Fof range

Aberdeen multi-manager duo Graham Duce and Aidan Kearney have removed all Aberdeen funds from the fund of funds’ range following their acquisition by the firm.

The multi-manager team, which runs 12 onshore funds and four Sicavs, was bought by Aberdeen from Credit Suisse in July and Duce says the group is opting for the completely external approach to allow for a wholly transparent offering. He says: “We wanted to avoid any conflicts of interest and offer a purely open-architecture approach.”

The company has replaced its investment in the Aberdeen £843m global emerging markets fund and £200m ethical world funds with the M&G emerging markets fund and the F&C international ethical fund and topped up exposure in the CIS sustainable leaders fund.

Duce says investors can still access direct investments into Aberdeen funds through the wider multi-asset group which Aberdeen also bought from Credit Suisse.

He says: “We feel that this solution is best for investors and reflects the good lines of communication we have with those managers we invest in.”


Measure for measure

The FSA’s announcement that it is considering product regulation has raised concerns that the measures would stifle innovation and add costs.

How QE is distorting the gilt market

By Mike Riddell The moves in gilts in August were truly exceptional. Volatility in the gilt market (based off 10-year gilt futures) has soared to close to the highest levels seen this millennium, on a par with the eurozone debt crisis of 2011/12 and behind only the global financial crisis of 2008/09. The first distortion […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm