Aberdeen Expands US ETF Platform via Mutual Fund Conversions

The conversions include the abrdn Ultra Short Municipal Income Active ETF (AMUN) and the abrdn International Small Cap Active ETF (ASCI). Jonathan Mondillo and Miguel Laranjeiro will co-manage the municipal income fund, while Kirsty Desson and Liam Patel oversee the international small-cap strategy. Awais Khan, the firm's head of ETF portfolio management, joins both teams as a portfolio manager to provide additional oversight.

Alongside these conversions, abrdn is merging the abrdn China A Share Equity Fund (GOPIX) and the abrdn Focused Emerging Markets ex-China Fund (GLLSX) into the existing abrdn Emerging Markets Dividend Active ETF (AGEM). This consolidation reflects a broader effort to streamline offerings and prioritize cost-efficient investment vehicles for US clients. The firm’s expansion into active ETFs remains a core priority, mirroring similar product developments within their European division, which recently introduced thematic funds focused on real estate, raw materials, and global supply chains.