The funds were placed ‘On Hold’ when senior credit analyst Stuart Gray resigned. 

S&P Fund Services analyst Kelly Napier said: “Aberdeen’s local fixed-income team has undergone a period of transition with departures and new hires and is now fully resourced. Experienced head of Australian fixed interest, Vic Rodriguez continues to lead the team in conjunction with other senior members.” 

“New hires have added to the team’s local credit resourcing and includes an experienced senior hire in John Manning. However, the remainder of the credit team does have less experience than peers.” 

All three funds have met or exceeded their objectives over relevant investment periods and delivered solid risk-adjusted returns. This performance is attributed to the consistently applied investment process despite the periodic team changes.

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