Aberdeen: 'We reject the notion bonds are defunct as interest rates begin to rise'

1 What have been the main drivers behind the fund's outperformance over five years? Stock selection has been a significant positive but asset allocation has also contributed in a meaningful way. Our overweight position in equities and underweight to UK gilts has been the primary decision. Corporate and overseas bond exposure held tactically during the period has also contributed. 2 What has been your biggest challenge over the last five years? How did you manage it? The two biggest challenges have been finding opportunities as money has flowed into the fund and the attainment of yi...