|
Edison Investment Research Limited
London, UK, 25 November 2021
Schroder AsiaPacific Fund (SDP): Initiation - Successfully selecting winners across Asia Schroder AsiaPacific Fund (SDP) invests in companies located and trading primarily in China, South Korea, Taiwan, India and South-East Asia. SDP recently celebrated its 25-year anniversary and was managed by Mathew Dobbs from inception until his retirement in March 2021. However, its new manager, Richard Sennitt, worked closely with Dobbs for 13 years and will maintain the same investment strategy and process: a bottom-up, stock-picking investment approach, which aims to achieve growth in excess of its benchmark, the MSCI All Countries Asia (ex-Japan). While recent performance has been undermined by events in China, it has achieved its investment objective; annual returns have averaged 12.5% a year over the past 10 years, compared to an index return of 9.5% on the same basis. SDP's long-term track record is testament to the strength of the fund's investment process and research resources, and the manager's superior stock selection skills.
SDP's discount began to narrow in 2020 as relative performance improved. At its narrowest, the discount reached 3.1%, but it has since drifted wider in response to near-term performance. The board actively manages the discount and share buybacks appear to have helped stabilise the discount in recent months. There is scope for the discount to tighten as and when performance returns to form. Click to view the full report or to sign up to receive research as it is published.
All reports published by Edison are available to download free of charge from its website About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached - across institutions, family offices, wealth managers and retail investors - Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings. Having been the first in market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney. Edison is authorised and regulated by the . 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: Joanne Collins +44 (0)20 3077 5700
Sarah Godfrey +44 (0)20 3077 5700
Learn more at and connect with Edison on: YouTube
Dissemination of a CORPORATE NEWS, transmitted by EQS Group. |
1251818 25-Nov-2021
