abrdn Launches Global Smaller Companies Fund for Canadian Investors12 May 2022
PHILADELPHIA & TORONTO—Leading global asset manager abrdn today announces the launch of a new fund focused on global smaller companies equities for distribution to Canadian accredited investors. The new abrdn Canada Funds - Global Smaller Companies Fund will provide these participants in the Canadian market the investment expertise, oversight and scale that hallmark the broader abrdn family of global small cap funds, with local distribution and structuring that are attuned to Canadian investors’ specific needs.
Some of Canada’s largest investors also rank among the world’s most significant allocators to global smaller companies, which provide both an appealing risk-return profile and long-term diversification for Canada’s public and corporate pension plans. Still, many Canadian investors struggle to find suitable small cap funds that offer effective active portfolio and risk management, ample liquidity, and satisfy local domicile rules. The new Canadian private domicile fund from abrdn is set to meet these requirements for the country’s sizable institutional market.
“This is another exciting moment for abrdn’s small caps franchise in the Americas, as we continue to respond to institutional demand and distribute new solutions across our broader region,” said Kirsty Desson, Smaller Companies Equities Investment Director at abrdn. “At abrdn we are strong long-term believers in smaller companies, and as Canada’s investors continue to discover their appeal and assess their allocations in the current market environment, we think this new offering will provide them an effective and confident path to global exposure.”
“Canada features some of the world’s most sophisticated long-term investors, who recognize the unique opportunity offered by a strategic investment in global small caps,” said Chris Wright, Head of Canadian Business Development at abrdn. “Many of the country’s largest institutions develop internal solutions to invest in this market, but the next tier of Canadian plans and wealth advisors eyeing this market still have relatively few institutional-quality funds to choose from. With our launch today, these allocators will now benefit from a timely new option that is easily invested, uncorrelated and built by a trusted partner with a long history in this space.”
Tim Bourgaize Murray
Americas Senior Communications
Canada Marketing Disclosure
abrdn is the registered marketing name in Canada for the following entities: abrdn Canada Limited, Aberdeen Standard Investments Luxembourg S.A., abrdn Private Equity (Europe) Limited, abrdn Capital Partners LLP, abrdn Investment Management Limited, Aberdeen Standard Alternative Funds Limited, and Aberdeen Capital Management LLC. abrdn Canada Limited is registered as a Portfolio Manager and Exempt Market Dealer in all provinces and territories of Canada as well as an Investment Fund Manager in the provinces of Ontario, Quebec, and Newfoundland and Labrador.
At abrdn, we enable our clients to plan, save and invest for their futures.
We structure our business into three areas – and together they reflect our focus on enabling our clients to be better investors:
- Investments: We work with clients to create solutions across asset classes, regions and markets globally – combining multi-layered research and market insights with technology and diverse thinking.
- Adviser: We offer market-leading platform technology and tools that enable UK wealth managers and financial advisers to create more opportunity for their business and their clients.
- Personal: We help people throughout the UK plan for their financial futures – through our financial planning business and our digital investing services.
Across our investments, adviser and personal businesses we manage and administer £542 billion of assets for our clients, and abrdn plc has over 1 million shareholders. (Figures as at 31 December 2021)
Our investments are built on an insight strength that comes from multi-layered research and a large global footprint. Our teams collaborate across multiple capabilities, to create forward-thinking solutions that aim to meet our clients’ needs and deliver more sustainable outcomes. Our investments business manages £464 billion on behalf of individuals, governments, pension funds, insurers, companies, charities and foundations (as at 31 December 2021) – with support and expertise from 800 investment specialists in over 30 locations.
abrdn is the single global brand for all areas of our business. In July 2021 our plc listing became abrdn plc. In September our investments business, formerly Aberdeen Standard Investments, became abrdn.