Aberdeen launches new retail unit trusts in Singapore

SINGAPORE (July 18): Aberdeen Asset Management has announced the launch of five of its funds in Singapore, including its first multi-asset funds in the nation.

In an announcement on Tuesday, the investment arm of Aberdeen Group says they are the group’s first Luxembourg-domiciled funds to be available direct to retail investors in Singapore, under the Monetary Authority of Singapore (MAS) recognised scheme.

The new funds invest in areas such as catastrophe bonds, aircraft leasing and corporate loans. These are typically accessed via closed-end structures, says Aberdeen.

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