abrdn Asian Income Fund

abrdn Asian Income Fund (LSE: AAIF)

Currency in GBP

Last close As at 21/09/2023

GBP2.01

▲ −1.00 (−0.50%)

Market capitalisation

GBP340m

Overview
Price performance
Financials
Research
Thematics

The investment objective of abrdn Asian Income Fund is to provide investors with a total return primarily through investing in Asia-Pacific securities, including those with an above-average yield. Within its overall investment objective, the company aims to grow its dividends over time.

Latest Insights

Investment Companies |
Update

09.08.23

abrdn Asian Income Fund — Income growth and above-average dividend yield

Investment Companies |
Update

09.03.23

abrdn Asian Income Fund — Quality through and through

Investment Companies |
Review

29.09.22

abrdn Asian Income Fund — A reappraisal of the opportunities for AAIF

Investment Companies |
Review

03.05.22

abrdn Asian Income Fund — A core option for Asian income and capital growth

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Sector

Investment Companies

Equity Analyst

Mel Jenner

Director, Investment Trusts

Key Management

Christina Woon

Fund manager
Flavia Cheong

Fund manager
Hugh Young

Fund manager
Yoojeong Oh

Fund manager

Share Price Performance

Price Performance
%	1M	3M	12M
Actual	4.2	(2.9)	(6.8)
Relative	(1.3)	(4.2)	(11.2)
52 week high/low	236.0p/187.8p

Overview

abrdn Asian Income Fund (AAIF) is managed by abrdn’s locally based Asian equity team. This offers the potential to react quickly to new information, deepen the relationships with investee companies and seek out interesting opportunities that may be overlooked by other investors. The company has generated a good run of relative performance since early 2021, helped by its below-market exposure to China. However, it should be noted that the portfolio is constructed based on bottom-up rather than top-down considerations. The manager seeks quality companies that can generate consistent earnings and dividend growth and can be held for the long term. However, it remains nimble to ensure that the company can also benefit from shorter-term opportunities.