Bringing you live news and features since 2006 

Aberdeen launches second mutual fund dedicated to emerging market debt investing

RELATED TOPICS​

Aberdeen Asset Management has launched the Aberdeen Emerging Markets Debt Fund in response to continued growing investor interest in the emerging market debt asset class.



The Aberdeen Emerging Markets Debt Fund invests across the emerging markets debt universe, including hard and local currency sovereign bonds and corporates.

In contrast, the Aberdeen Emerging Markets Debt Local Currency Fund, which was launched in May 2011, invests primarily in fixed income securities that are denominated in the currency of emerging market countries.

Both funds are managed by Aberdeen’s emerging market and sovereign debt team, led by Brett Diment.

Diment says: "With developed market interest rates hovering near zero, it has become necessary to look for sources of income in other regions. By investing in emerging market bonds, we believe that we can get better credit quality than in developed bond markets and in many cases a higher yield."

Gary Marshall, Aberdeen’s chief executive, says: "In today’s uncertain economic climate, investors are increasingly turning to emerging market debt securities in an effort to diversify their fixed income portfolios. As emerging market economies expand, governments and companies based in those economies are looking to domestic and international capital markets to finance growth. In our opinion, this buoyant market segment presents opportunities for investors to benefit from improving companies and countries. We are pleased to provide US investors with a fund that complements Aberdeen’s existing range of emerging market debt capabilities, investing across the emerging markets debt universe."

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by