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About the company
abrdn Asian Income Fund Limited is a closed-end investment company. The investment objective of the Company is to provide investors with a total return primarily through investing in Asia Pacific securities, including those with an above average yield. The Company’s segment is to invests in equity securities and debt instruments. The Company invests in the Asia Pacific securities, such as global depositary receipts (GDRs), listed on other international stock exchanges; companies listed on other international exchanges that derive significant revenues or profits from the Asia Pacific region, and debt issued by governments or companies in the Asia Pacific region or denominated in Asia Pacific currencies. The Company invest in all types of securities, including equity shares, preference shares, debt, convertible securities, warrants and other equity-related securities. It invests in small, mid and large capitalization companies. The Company's investment manager is abrdn Asia Limited.
- Revenue in GBP (TTM)16.30m
- Net income in GBP8.74m
- Incorporated2005
- Employees0.00
- LocationAbrdn Asian Income Fund Limited40 Princes StreetEDINBURGH EH2 2BYUnited KingdomGBR
- Phone+44 15 3475 8847Fax+44 15 3476 7084
- Websitehttps://www.asian-income.co.uk/en-gb
Profile
| Management group(s) | abrdn Investments Limited |
|---|---|
| AIC sector | Asia Pacific Equity Income |
| ISIN | GB00B0P6J834 |
| Launch date | 20 Dec 2005 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
To provide investors with a total return primarily through investing in Asia Pacific securities, including those with an above average yield. The Company aims to grow its dividends over time.
Managed by
| Flavia Cheong, Yoojeong Oh, Eric Chan |
|---|
Management & contract fees
Investment management is entitled to a management fee of 0.75% p.a for NAV up to GBP 300m; 0.6% p.a for NAV in excess of GBP 300m,calculated and accrued on a monthly basis and payable quarterly in arrears. The management fee is calculated and accrued on a monthly basis (being 1/12th of the value resulting from the sum of (i) plus (ii) above) and is payable quarterly in arrears. Either party may terminate the management agreement by giving not less than notice period of 6 months.
Peer analysis
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| Baillie Gifford European Growth Trst PLC | 24.20m | 27.88m |
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| abrdn Asian Income Fund Limited | 16.30m | 8.74m |
| Impact Healthcare REIT PLC | 50.53m | 48.83m |
| Abrdn UK Smlr Cmpn Grth Trst PLC | 2.30m | -3.53m |
