Aberdeen Asset Managers is launching a further split cap investing in Europe and this time providing...
Aberdeen Asset Managers is launching a further split cap investing in Europe and this time providing an 8.8%pa yield on the ordinary shares, writes James Thorneley. Some 40% of the underlying portfolio of the Guernsey-domiciled vehicle, called European Monthly Income, will be run by Adrian Fowler and mirror the holdings in the European Growth unit trust he manages. Over one, three and five year periods the open-ended fund has outperformed the FTSE European ex UK index on a bid to bid basis with net income reinvested. During the five years to 29 February the fund rose by 173.5% compared t...
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