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After tanking from £27bn to £1bn in assets, Abrdn is calling time on Gars

Online Editor

Abrdn's once-mighty Global Absolute Return Strategies will cease to operate as a standalone fund after a sustained period of outflows.

After successive tricky years that have seen the vehicle's assets tank to just £1.4bn from tens of billions, Gars will be rolled into Abrdn's diversified asset funds.

Gars’ fall from grace ends as Abrdn closes standalone fund

Justin Cash

Abrdn

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