Lonsec upgrades Aberdeen fund
Research and ratings house, Lonsec has upgraded the Aberdeen Australian Small Companies Fund to a "Highly Recommended" rating.
The company confirmed the upgrading of its fund last week, noting that it followed on from a similar upgrading of the Aberdeen Ex-20 Australian Equities Fund in November, last year.
Both Funds are managed by Aberdeen's Australian Equities team and follow the same fundamental approach.
Commenting on the upgrade, Aberdeen's Head of Australian Equities, Rob Penaloza said large companies tended to attract the spotlight but there was a risk investors might overlook opportunities that small companies could offer in terms of higher growth potential and profitability.
In its report, Lonsec described the Aberdeen process as robust, repeatable and
The Aberdeen Australian Small Companies Fund is currently available on platforms including AMP North, BT Wrap, Asgard, IOOF Pursuit, Macquarie Wrap, netwealth, MLC Wrap and Oasis.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
