Aberdeen Standard Investments (ASI) has successful launched its first Fixed Maturity Product (FMP). During September it raised $167m for the Emerging Markets Bond Fixed Maturity 2023 fund. The Luxembourg-domiciled Fund aims to achieve income and capital preservation over its term (to October 2023) by investing at least two-thirds of the fund's assets in emerging market government and corporate bonds. A FMP is a portfolio of carefully selected bonds that have matching maturities to the term of the fund. It attracted interest from investors across Asia and Europe. Campbell Fleming, glob...
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