Aberdeen Rolls Out Five Funds In Singapore

Tom Burroughes

19 July 2017

has launched five new funds for sale in Singapore, including the group’s first multi-asset funds in the Asia city-state.

The said these are also its first Luxembourg-domiciled funds to be available direct to retail investors in Singapore under a scheme recognised by the Monetary Authority of Singapore. The funds are Aberdeen Global - Australian Dollar Income Bond Fund; Aberdeen Global - Multi Asset Growth Fund; Aberdeen Global - Multi Asset Income Fund; Aberdeen Global - North American Smaller Companies Fund, and Aberdeen Global - Select Emerging Markets Bond Fund.

The launches come at a time when Aberdeen said there are “mixed signals in markets over the effect of a potential roll-back in quantitative easing and rising interest rates” – a brew that is arguably suited for multi-asset portfolios.