Aberdeen merges bond portfolios to create broader product

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Aberdeen has combined three bond portfolios under Anthony Fletcher and will use wider Ucits III powe...

Aberdeen has combined three bond portfolios under Anthony Fletcher and will use wider Ucits III powers on the resulting single offering. The group has merged two former DWS portfolios, the £77.3m Corporate Bond Plus and £8.8m Corporate Bond funds with the £7.5m Gilt Income product to create Aberdeen Corporate Bond. Fletcher was manager of the previous Corporate Bond and Corporate Bond Plus offerings and will head the merged product. Sitting in the UK Corporate Bond sector, the vehicle has amended its investment objective to outperform the peer group by two percentage points per annum. F...

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