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Aberdeen Frontier Markets – Direct investing

Aberdeen Frontier Markets – Direct investing

03 March 2017
QuotedData
QDprime
Show 5 Geographies
Show 3 Sectors
Show 4 Companies
James Carthew

Geographies

Africa
Asia
Central and South America
Emerging Europe and Russia
Middle East

Sectors

Companies

On 9 December 2016, the board of Aberdeen Frontier Markets (AFMC) announced that take up of its 100% tender offer had exceeded expectations. After deliberating on the future of the fund, the board is asking shareholders to approve a shift to direct investing in frontier markets. Shareholders still have the opportunity of a cash exit if desired but the manager is injecting up to £10m into the fund to keep it viable.

170306 AFMC Update QD

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