Just launched from Aberdeen Asset Management (AAM) is a new multi-asset income fund.
Called Aberdeen Global – Multi-Asset Income Fund, it will be managed by the AAM Edinburgh-based Multi-Asset Income Team. AAM say it is designed to address the increased demand for multi-asset investment products and the challenges that investors are facing when they seek income in the current low rate environment.
The idea is to combine a broad range of high quality income-generating assets with the aim of producing a high, but sustainable, annual yield whilst at the same time maintaining the real value of capital over the medium term.
Head of Multi-Asset at Aberdeen Asset Management at AAM Mike Turner told IFA Magazine: “In the post-financial crisis world, income is harder to come by. Using our team’s extensive experience in multi-asset investment, we aim to provide a product which can deliver a sustainable annual yield while maintaining the real value of investors’ capital over the medium term.”