Standard Life Investments closes Emerging Market Debt Unconstrained fund

21st July 2016 – Standard Life Investments has announced that it is shutting the Emerging Market Debt Unconstrained fund.

The fund, which was launched only in April last year, had seen its assets under management fall from £50 million to £10 million following the redemption by a 'cornerstone' institutional investor.

Standard Life are seeking regulatory approval to shut the fund, as they say at this size it is increasingly difficult to appropriately manage in line with its investment objective and policy.

Standard Life's other emerging market bond funds remain open and unaffected.