Investment Trusts

Abrdn Asia Focus PLC

AAS:LSE

Abrdn Asia Focus PLC

  • Price (GBX)275.00
  • Today's Change-1.00 / -0.36%
  • Shares traded70.28k
  • 1 Year change10.44%
  • Beta0.9183
Data delayed at least 20 minutes, as of May 01 2024 16:28 BST.
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Profile data is unavailable for this security.

About the company

abrdn Asia Focus plc is a United Kingdom-based closed-end investment company. It aims to attract long-term private and institutional investors wanting to benefit from the growth prospects of Asia’s smaller companies. Its investment objective is to maximize total return to shareholders over the long term from a portfolio made up predominantly of quoted smaller companies in the economies of Asia excluding Japan. It may invest in a diversified portfolio of securities, including equity shares, preference shares, convertible securities, warrants and other equity-related securities, predominantly issued by quoted smaller companies spread across a range of industries and economies in the investment region. Its investment region includes Bangladesh, Cambodia, China, Hong Kong, India, Indonesia, Korea, Laos, Malaysia, Myanmar, Pakistan, The Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam, together with such other economies in Asia. Its investment manager is abrdn Asia Limited.

  • Revenue in GBP (TTM)28.10m
  • Net income in GBP15.64m
  • Incorporated1995
  • Employees0.00
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Profile

Management group(s)abrdn Fund Managers Limited
AIC sectorAsia Pacific Smaller Companies
ISINGB00BMF19B58
Launch date19 Oct 1995
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The Company may invest in a diversified portfolio of securities (including equity shares, preference shares, convertible securities, warrants and other equity-related securities) predominantly issued by quoted smaller companies spread across a range of industries and economies in the Investment Region. The Investment Region includes Bangladesh, Cambodia, China, Hong Kong, India, Indonesia, Korea, Laos, Malaysia, Myanmar, Pakistan, The Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam, together with such other economies in Asia as approved by the Board.

Managed by

Flavia Cheong, Gabriel Sacks, Ng Xin Yao

Management & contract fees

The management fee is 0.85% of the first GBP250m, 0.6% of the next GBP500m and 0.5% of GBP750m and above. Contract terminable on notice period of 3 months.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
abrdn New India Investment Trust PLC-3.38m-13.30m391.26m0.00391.26m0.00
Octopus Apollo VCT PLC46.17m28.58m394.96m0.00394.96m0.00
Mid Wynd International Invest Trust PLC42.14m38.61m399.42m0.00399.42m0.00
RTW Biotech Opportunities Ltd3.34m66.60m400.57m0.00400.57m0.00
Admiral Acquisition Ltd0.0011.00m402.95m0.00402.95m0.00
JPmorgan Claverhouse Investment Trst PLC33.24m28.22m404.00m0.00404.00m0.00
Octopus Renewables Infrastructr Trst PLC19.72m12.70m415.79m0.00415.79m0.00
Dunedin Income Growth Investmnt Trst PLC27.93m22.83m416.19m0.00416.19m0.00
Schroder Asian Totl Retrn Invstmt Co PLC43.51m35.38m420.31m0.00420.31m0.00
Abrdn Asia Focus PLC28.10m15.64m424.52m0.00424.52m0.00
Utilico Emerging Markets Trust PLC62.23m51.45m429.95m0.00429.95m0.00
Third Point Investors Ltd30.96m9.14m431.47m0.00431.47m0.00
Jpmorgan Uk Small Cap Growth & IncomePLC13.58m9.66m438.41m0.00438.41m0.00
Pacific Assets Trust plc37.14m25.81m439.08m0.00439.08m0.00
Polar Capital Global Healthcare Trst PLC23.35m16.90m440.21m0.00440.21m0.00
NextEnergy Solar Fund Ltd-22.75m-40.40m447.25m0.00447.25m0.00
Data as of May 01 2024. Currency figures normalised to Abrdn Asia Focus PLC's reporting currency: UK Pound GBX

Institutional shareholders

67.29%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 16 Apr 202439.65m25.76%
Allspring Global Investments LLCas of 27 Mar 202418.89m12.27%
abrdn Investments Ltd.as of 31 Jul 202311.59m7.53%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 01 Mar 202410.31m6.70%
Abrdn Asia Ltd.as of 31 Jul 20235.52m3.59%
1607 Capital Partners LLCas of 31 Jul 20235.34m3.47%
Charles Stanley & Co. Ltd. (Investment Management)as of 31 Jul 20235.06m3.29%
Hargreaves Lansdown Asset Management Ltd.as of 01 Mar 20243.09m2.01%
Legal & General Investment Management Ltd.as of 01 Mar 20242.09m1.36%
Investec Wealth & Investment Ltd.as of 01 Mar 20242.04m1.33%
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Data from 31 Jul 2023 - 02 Apr 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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