Aberdeen and Titanbay Open New Access to Private Markets
Global asset manager Aberdeen Investments has announced a partnership with startup Titanbay to simplify access to private markets for wealth managers and distributors.
The collaboration aims to eliminate inefficiencies caused by outdated systems and trading platforms, according to a press release on Monday. The scope of the partnership ranges from fund structuring and client onboarding to capital flows and reporting.
British startup Titanbay is providing the technological infrastructure. For Aberdeen Investments, the partnership underscores its commitment to further growth in private markets. The Aberdeen Global Private Markets Fund (GPMF) is now accessible to wealth managers via Titanbay – one of only two global multi-asset private market funds available on the platform.
Attractive Hedge Against Inflation and Volatility
«Private markets offer an attractive hedge against inflation and volatility,» said Xavier Meyer, CEO of Aberdeen Investments. Diversified strategies such as the GPMF are particularly relevant in this environment, also thanks to quarterly redemption opportunities. Titanbay’s infrastructure also makes it possible to meet growing demand without operational bottlenecks.
According to James Singleton, Head of UK Sales at Titanbay, distributors sometimes face significant hurdles – especially now, as interest in evergreen funds is growing rapidly.«This partnership positions us ahead of these challenges and enables us to scale efficiently and provide clients with timely, tailored solutions,» he added..
