Two further fund closures adds to abrdn's growing tally

Japanese Growth and Financial Equity

The ASI Japanese Growth Equity and ASI Financial Equity funds have both been marked for liquidation as each has become too small to be commercially viable.

ASI Japanese Growth Equity will close on 13 December 2021, following the fund's largest investor recently redeeming "the majority of their shareholdings", which has left the fund in a state that may leave...