Aberdeen today announced additional measures to stem flows into its phenomenally successful multi-billion pound emerging markets equity range, but should the hike put off investors?
Despite attempts by Aberdeen Asset Management to slow flows into its Emerging Markets range, worth a total of £15bn, it still remains one of the most popular products in its peer group. Today the firm moved to limit inflows once again after a recent surge in purchases, slapping an initial charge of 2% on to the funds - consisting of Aberdeen Emerging Markets, Global Emerging Markets Equity, and Emerging Markets Smaller Companies. The charges - which are phased in over the next few months - are a significant deterrent. Looking at last year's performance figures, the charge would have a...
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