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Aberdeen Defers EM Companies Trust Launch

Aberdeen Asset Management has postponed its plans to launch the Aberdeen Emerging Markets Smaller Companies Trust.

    Aberdeen Asset Managementhas postponed its plans to launch theAberdeen Emerging Markets Smaller Companies Trust,FundWebreports. The move comes as the firm was unable to raise £150 million for the emerging markets small companies fund.

    该基金现在可能在今年晚些时候推出。的trust, which was initially planned to be listed in June, will be managed byDevan Kaloo, head of global emerging markets andMark Gordon-James, senior investment manager on the global emerging markets equities team, addsReuters.

    Click here for the story fromFundWeb.

    Click here for additional coverage fromReuters.

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