News Snapshot:
[abrdn Transitions Flagship Asia Fund, to Sustainable Investment Products] UK-based investment company abrdn announced today the transition of three SICAV funds, including its flagship Asia Pacific Equity Fund, to sustainable investment products classified as Article 8 (products promoting environmental or social characteristics) under the Sustainable Finance Disclosure Regulation. The company’s $2 billion AUM Asia Pacific Equity Fund will be renamed as Asia Pacific Sustainable Equity Fund. In addition, the North American Smaller Companies Fund and the Global Innovation Equity Fund will also be converted in August. Earlier this year, abrdn converted 24 SICAV equity and fixed income funds to Article...
