UPDATE: On 18 September 2026, having bought back more than half its shares over the previous five years, AUSC said it planned to combine with JPMorgan UK Small Cap Growth & Income (JUGI). The deal is expected to complete around the end of 2026, with AUSC shareholders being offered a cash exit at a 2% discount for up to 35% of its shares.

abrdn UK Smaller Companies Growth (ticker: AUSC) was launched in 1993 and initially run by Edinburgh Fund Managers. In 2003, after a period of poor performance, it switched its management firm to Standard Life, which is now part of abrdn. Harry Nimmo look...