Aberdeen buys SWIP

SallyG

http://www.bbc.co.uk/news/business-24983186

Does this mean my SW pension mainly in SWIP funds will rocket?

grey_gym_sock

no. your funds don't own part of SWIP; they are managed by (and pay management fees to) SWIP. they'll now be managed by (and pay fees to) aberdeen instead.

SallyG

I meant I hoped they'd be better managed after the Aberdeen takeover and grow my pension fund at last ....................you think there'll be no discernible improvement?

SallyG

http://citywire.co.uk/wealth-manager/aberdeen-swip-how-does-investment-performance-compare/a718314


Then again..............
"High Yield
SWIP’s £1.6 billion High Yield fund has outperformed Aberdeen’s equivalent in the same category with a 23% rise versus a 18.9% rise by Aberdeen. Swip's presence in the high yield market will bolster Aberdeen's £15.6 million fund, run by Paul Reed."
Hope
SWIP High Yield Bond Rtl Cls A Inc GBP
is the same as "SWIP’s £1.6 billion High Yield fund" ?????