Aberdeen Asia Pacific

Also adopting more concentrated portfolio

Asian fixed income team headed by Rodriguez

Matthews Pacific Tiger fund

Aberdeen Asset Management is set to launch a new Asian property fund of funds, after closing its third investment vehicle targeting the region having raised more than £300m.

The board of the Aberdeen All Asia investment trust plans to change the mandate of the vehicle to Japan-only and raise additional equity.

Martin Gilbert, chief executive of Aberdeen Asset Management, said there are currently no capacity constraints on the group's Asia Pacific funds, despite previously suggesting they will soon be soft-closed.

Aberdeen CEO Martin Gilbert has raised the prospect of closing the group's Asia Pacific equity funds in the near future after admitting it "cannot cope" with soaring inflows.

GEMs