Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Aberdeen Asian Income Fund Ltd LSE:AAIF London Ordinary Share GB00B0P6J834 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 1.71% 238.00 238.00 240.00 240.00 236.00 240.00 102,224 12:20:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 21.0 18.2 9.4 25.3 426

Aberdeen Asian Income Fund Limited Edison reviews Aberdeen Asian Income Fund (AAIF)

23/11/2020 3:43pm

RNS Non-Regulatory


TIDMAAIF

Aberdeen Asian Income Fund Limited

23 November 2020

London, UK, 23 November 2020

Edison reviews Aberdeen Asian Income Fund (AAIF)

Aberdeen Asian Income Fund (AAIF) has recovered well from the widespread market sell-off driven by the coronavirus pandemic, although its focus on quality stocks with attractive dividends has held back returns relative to the broad Asian index, which is increasingly dominated by non-yielding Chinese internet companies. Portfolio manager Yoojeong Oh says the team has ridden the technology wave differently, with exposure to semiconductor companies that are supporting the cloud-based boom in working from home, as well as e-commerce stocks in high-yielding markets like Taiwan, and firms that benefit from green stimulus in Europe. While gearing (currently c 8%) was a drag in the March market falls, keeping it steady has helped boost returns in the recovery, and the fund is on track to deliver a 13th consecutive year of dividend growth, partly supported by reserves it has built up over the past decade.

AAIF's current discount to NAV of 9.7% is wider than longer-term averages, providing significant scope to narrow should investors start to have more faith in companies' ability to reinstate and grow their dividends.

Click here to view the full report.

Subscribe to Edison's content to receive reports by email.

All reports published by Edison are free-to-access and available on the website .

About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Edison is authorised and regulated by the Financial Conduct Authority .

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information please contact Edison:

Sarah Godfrey, +44 (0)20 3681 2519

Mel Jenner, +44 (0)20 3077 5720

investmenttruts@edisongroup.com

   Learn more at   www.edisongroup.com   and connect with Edison on: 
   LinkedIn        https://www.linkedin.com/company/edison-group- 
   Twitter           www.twitter.com/Edison_Inv_Res 
   YouTube       www.youtube.com/edisonitv 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAPPGGCGUPUGAW

(END) Dow Jones Newswires

November 23, 2020 10:43 ET (15:43 GMT)

1 Year Aberdeen Asian Income Chart

1 Year Aberdeen Asian Income Chart

1 Month Aberdeen Asian Income Chart

1 Month Aberdeen Asian Income Chart
ADVFN Advertorial
Your Recent History
LSE
AAIF
Aberdeen A..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210121 12:46:55