Aberdeen Standard Asia Focus double trouble
Aberdeen Standard Asia Focus has announced a raft of measures to reverse its NAV discount, which stands at –13%, including doubling the dividend, cutting charges and appointing a new co-manager to work alongside Hugh Young. Flavia Cheong brings expertise in Chinese equities which complements Young as he has traditionally avoided this region due to governance concerns.
This is subject to shareholder approval at the annual general meeting in January 2022.
30th November, 2021