Top Portfolio Products: DoubleLine Adds Strategic Commodity Fund

2) EGA Adds ETF

EGA has launched the EGShares EM Core ex-China ETF (XCEM), which provides broad exposure to emerging markets excluding China and Hong Kong, allowing investors to preserve or supplement emerging market portfolios without increasing their exposure to China.

XCEM tracks the EGAI Emerging Markets ex-China Index. The index is free-floating, market cap-weighted and ranked in line with broad-based, market cap-weighted conventional indexes. It provides exposure to 20 countries, including South Korea, Taiwan, Brazil, India and South Africa.

3) Aberdeen Acquires FLAG

Aberdeen Asset Management PLC has completed its acquisition of FLAG Capital Management, a private markets manager with offices in Stamford, Conn., Boston and Hong Kong. Since inception, FLAG has raised over $7 billion of discretionary commitments from its broad client base. FLAG's investments are focused on venture capital, small- to mid-cap private equity, and real assets in the US, as well as private equity in Asia.

Aberdeen has also announced that it had entered into an agreement to acquire Arden Asset Management (Arden), a specialist hedge fund manager and adviser with offices in New York and London. Arden's clients span corporate and state pension plans, sovereign wealth funds, global bank platforms and retail investors. The acquisition is expected to close by the end of 2015. Following the completion of the Arden transaction, Aberdeen's alternatives division, under Andrew McCaffery, global head of alternatives, will have $30 billion of assets under management.

Read the Aug. 28 Portfolio Products Roundup at ThinkAdvisor.