Aberdeen Asset Management is considering launching a property fund in the next few months. Gary Mars...
Aberdeen Asset Management is considering launching a property fund in the next few months. Gary Marshall, sales and marketing director at Aberdeen said the group is keen to offer further property funds to the domestic and offshore intermediary and discretionary markets and has ruled out a unit trust due to its distribution limitations and the 25% minimum holding in liquid assets requirement. Marshall added an offshore vehicle was most likely and stressed property investment was increasingly important to the group given it now constitutes some 25% of the group's net assets.
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