abrdn Asia Focus - Kepler research note December 2023
An update on the Trust's portfolio, gearing, performance, dividend, charges and environmental, social and governance (ESG considerations).
Best ideas portfolio of around 60 companies.
Launched to harness our deep insight into the Asia-Pacific region.
First-hand analysis helps to uncover high-quality companies.
After nearly forty years with abrdn - including 28 years founding and running abrdn Asia Focus plc - venerable Asia hand Hugh Young is to hang up his managerial boots at the end of 2023, or at least leave them on the step for his teammate and successor Gabriel Sacks to step into. Read this article for Hugh's reflections on a successful career, whilst Gabriel considers what's next for the Trust.
abrdn Asia Focus is an Investment Company listed on the London Stock Exchange aiming to find the best managed Asian smaller companies that are setting the new standard.
The Company strives to maximise total return to shareholders over the long term from a concentrated, high-conviction portfolio focusing predominantly on exciting, smaller, listed companies in Asia and Australasia (excluding Japan).
Managers Flavia Cheong, Hugh Young and Xin-Yao Ng are all based in the region and are supported by a team of over fifty investment managers. The portfolio is finely tuned to give shareholders the potential to benefit from Asia's expanding middle class. Stocks are highly diversified by market and sector with a strong focus on manufacturing and consumer products.
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested.