Aberdeen is taking on the management of two emerging market Credit Suisse funds, which will be merged into existing offshore portfolios run by Devan Kaloo and Brett Diment.
Aberdeen becomes investment adviser to the $94m Credit Suisse Equity Fund (Lux) Brazil fund and the $153m Credit Suisse Bond Fund (Lux) Brazil fund on 2 April. The two funds will be merged into the Luxembourg-domiciled Aberdeen Global SICAV in June 2012 where they will appear as the Aberdeen Global – Brazil Equity and Aberdeen Global – Brazil Bond funds. The Brazil equity strategy will be managed by Aberdeen’s global emerging markets team, led by Kaloo, while the EM debt team, led by Diment (pictured), will run the bond fund. Diment said: “From a fixed income perspective, Latin Ame...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
