Aberdeen Asset Management has launched the Aberdeen Emerging Markets Debt Local Currency Fund in response to growing interest in the asset class, as investors look to diversify their fixed income exposure.

The firm’s emerging markets debt team, lead by Brett Diment, will manage the fund. The fund seeks to provide long-term total returns by investing two-thirds of the fund’s portfolio in securities denominated in local currencies of emerging markets.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.