Aberdeen Novus Global Credit Opportunities: Aberdeen Asset Management

Winner: Best performing specialist fund of hedge funds over one year


As its name suggests, the mandate of the fund of hedge funds Novus Credit Opportunities Fund is to invest in underlying hedge funds that invest in any area of the credit markets. The underlying assets are mainly held in long and short positions in public and private debt securities, loans and related derivative instruments.

Launched in 1983, Aberdeen Asset Management, which runs the Novus Credit Opportunities Fund, came into being through a management buyout of the investment management contract

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