Tutman Fund Solutions Limited – temporary suspension of funds
15 August 2025Aberdeen acknowledges the incident impacting a number of funds serviced by Tutman Fund Solutions Limited which has resulted in trading being temporarily suspended in those funds.
As a result, Aberdeen is taking the precautionary step to stop accepting dealing instructions for the impacted funds distributed across the Wrap and Elevate Platforms.
All platform orders, including regular orders, generated from 16th August will be cancelled until the suspension is lifted. This step is the safest option available to us to protect the client position as Tutman work to resolve this issue.
We also acknowledge that Tutman has backdated the dealing suspension to cover deals placed from 11th August; we will issue further communication for such in-flight deals in due course.