Investment Trusts

abrdn Asia Focus plc

AAS:LSE

abrdn Asia Focus plc

  • Price (GBX)283.45
  • Today's Change0.45 / 0.16%
  • Shares traded30.05k
  • 1 Year change8.60%
  • Beta0.8911
Data delayed at least 20 minutes, as of Nov 22 2024 12:31 GMT.
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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)55.49m
  • Net income in GBP37.33m
  • 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
JPmorgan Claverhouse Investment Trst PLC64.45m59.70m395.40m0.00395.40m0.00
Octopus Renewables Infrastructr Trst PLC25.30m18.47m404.10m0.00404.10m0.00
NextEnergy Solar Fund Ltd8.82m-8.36m414.88m0.00414.88m0.00
Jpmorgan Uk Small Cap Growth & IncomePLC104.52m99.70m415.04m0.00415.04m0.00
Pantheon Infrastructure PLC66.24m77.42m415.20m0.00415.20m0.00
IP Group Plc0.00-223.00m416.10m95.00416.10m95.00
Octopus Apollo VCT PLC5.51m-4.95m416.31m0.00416.31m0.00
Tatton Asset Management PLC40.96m15.34m426.00m103.00426.00m103.00
Abrdn Asia Focus PLC55.49m37.33m427.62m0.00427.62m0.00
North American Income Trust PLC61.93m54.54m430.59m0.00430.59m0.00
Impax Asset Management Group Plc176.56m40.67m433.59m290.00433.59m290.00
Pollen Street Group Ltd108.82m46.52m434.17m84.00434.17m84.00
Polar Capital Global Healthcare Trst PLC85.55m78.00m440.21m0.00440.21m0.00
Jupiter Fund Management PLC398.00m-8.90m443.07m527.00443.07m527.00
Schroder Asian Totl Retrn Invstmt Co PLC76.65m68.75m449.72m0.00449.72m0.00
Pacific Assets Trust plc60.61m42.83m450.45m0.00450.45m0.00
Data as of Nov 22 2024. Currency figures normalised to abrdn Asia Focus plc's reporting currency: UK Pound GBX

Institutional shareholders

63.62%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 17 Oct 202432.69m21.63%
Allspring Global Investments LLCas of 22 Aug 202419.92m13.18%
abrdn Investments Ltd.as of 31 Jul 202311.59m7.67%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 01 Sep 202410.51m6.95%
1607 Capital Partners LLCas of 31 Jul 20235.34m3.53%
Charles Stanley & Co. Ltd. (Investment Management)as of 31 Jul 20235.06m3.35%
Abrdn Asia Ltd.as of 01 Sep 20244.04m2.67%
Hargreaves Lansdown Asset Management Ltd.as of 01 Sep 20242.96m1.96%
BlackRock Investment Management (UK) Ltd.as of 01 Sep 20242.12m1.40%
Legal & General Investment Management Ltd.as of 01 Sep 20241.94m1.29%
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Data from 31 Jul 2023 - 05 Nov 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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