Seneca Global Income & Growth swaps Aberdeen Asian Income for small-cap Asian fund

Follows rebound in the region

Jayna Rana
clock • 2 min read

The £80m Seneca Global Income & Growth trust has reduced its holding in the £390m Aberdeen Asian Income trust in favour of a new position in the open-ended $366.1m Samarang Asian Prosperity fund, as it wants to back "asset managers not asset gatherers".

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