Published • loading... • Updated
Aberdeen Investments to acquire $2bn CEF assets from MFS
Summary by Private Banker International
1 Articles
1 Articles
Aberdeen Investments to acquire $2bn CEF assets from MFS
UK-based Aberdeen Investments has signed an agreement to acquire MFS’ management of closed-end fund (CEF) assets, totalling £1.5bn ($2bn). As per the transaction, nine MFS funds and one Aberdeen CEF will be consolidated into two active CEFs with enhanced scale. A municipal bond fund with about $1bn in assets under management (AUM) will be created by consolidating four MFS municipal bond CEFs and one Aberdeen municipal bond CEF. In addition, f…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium