Each funds closed on 8 August, and had turn into too small to be commercially viable, the agency instructed shareholders in two respective letters.
Relating to the China A Share Fairness fund, abrdn stated the automobile had skilled outflows and a “gradual decline” in its internet asset worth right down to round £8.2m as of 29 February.
This had fallen additional to £5.7m as at 31 July, in accordance with the fund’s factsheet.Â
Constancy closes UK-domiciled Sustainable Water & Waste fund after lower than 5 years
“Small funds face various working difficulties as they’re unable to profit from economies of …
