Aberdeen hit by split cap suspensions

clock

Investment Week asks piers currie of aberdeen who or what is to blame for the current problems facing the closed end funds industry

As the biggest player in the split-cap market, Aberdeen took the majority of plaudits in the good times and is suffering the brunt of poor publicity in today's environment. So far, five of its trusts have suspended their dividends: Preferred, St David's, Murray Japan Growth, Leveraged Income and High Income. It is not the only group to be affected but Gartmore, BFS, Jupiter, Exeter and BC, with fewer vehicles, have not suffered on the same scale. To its accusers, Aberdeen, at the very least, is guilty of irresponsible marketing, encouraging innocent investors in at the top of a market t...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Event Voice: Stepping out of cash into the Credit Sweet Spot

Event Voice: Stepping out of cash into the Credit Sweet Spot

Peter Marsland, Fixed Income Investment Specialist, from Aberdeen discusses the Short Dated Enhanced Income Fund at the June Fixed Income Market Focus.

Peter Marsland, Fixed Income Investment Specialist
clock 08 July 2025 • 4 min read
Investors undergo 'buyers' strike' in June sending order values to two year low

Investors undergo 'buyers' strike' in June sending order values to two year low

Middle East conflict did not deter investors

Eve Maddock-Jones
clock 08 July 2025 • 2 min read
The big questions around re-evaluating risk for the retail investment industry

The big questions around re-evaluating risk for the retail investment industry

Discussions at Global Investment Management Summit

Katrina Lloyd
clock 08 July 2025 • 8 min read
Trustpilot