Aberdeen eyes A-share fund, onshore business

Aberdeen Asset Management is considering launching a dedicated China A-share fund and mulling setting up an onshore presence on the mainland. The firm, which manages around $100 billion in the region ex-Australia (90% in equities), is also intent on introducing direct property investment capabilities to Asia, which it doesn’t have at present. Aberdeen could be described as contrarian when it comes to investing in China. To date it has received $200 million in qualified foreign i…