Aberdeen Standard plans fixed maturity bond funds

Aberdeen Standard Investments (ASI) has launched its first fixed maturity bond fund after raising $167 million (€152 million) during September from clients in Asia and Europe.

The product, called the Emerging Markets Bond Fixed Maturity 2023 Fund, will invest in bonds with matching maturities to the term of the fund.

Bonds are drawn from government and corporate sectors.

Campbell Fleming, global head of distribution at the firm, said the fund would act as a sustainable source of income at a time of record low yields that leave investors with the increased risk of eroding their wealth over time.

He said other fixed maturity products – or “FMPs” – would be launched.

“The long-term aim is for the Emerging Markets Bond Fixed Maturity 2023 Fund to be the first in a series of FMPs – capitalising on the breadth and depth of our fixed income platform – we launch to help meet the needs of investors around the world.”

©2019 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST