INVESCO ASIA TRUST PLC (LON:IAT)

Financial

Founded in 1995, Invesco Asia Trust plc is a UK-based investment company that aims to deliver long-term capital growth by investing in a diversified portfolio of Asian and Australasian companies. The company aims to achieve growth in its net asset value higher than its benchmark, the MSCI AC Asia ex Japan Index (total return net of withholding tax, in sterling terms). The company invests in a diversified range of sectors which include Real Estate, Industrials, Consumer Discretionary, Utilities, Materials, Consumer Staples, Health Care, Information Technology, Energy, Financials and Communication services. As on 30 April 2021, the company has invested in Indonesia, India, Taiwan, Australia, South Korea, Singapore, Pakistan, Thailand, Philippines, Malaysia, Hong Kong, and China regions. Since 1995, the company’s shares are listed on the London Stock Exchange as LON: IAT.

The company has appointed Invesco Fund Manager Limited as its investment manager and it has further delegated investment management authority to its associate company Invesco Asset Management Limited, which provides marketing services, accounting services, company secretarial, general administration services and manages portfolio. Link Asset Services and the Bank of New York Mellon (International) Limited act as the company’s Registrar and Depositary & custodian, respectively. The company may also invest maximum of 10% of the value of its gross assets in unquoted securities and in warrants and options too.

To diversify the risk and enhance return the company’s board has set some investment restriction that includes that any single holding should not be more than 10% of total assets in portfolio, the group-related companies may not exceed 15% of total assets in portfolio, it may invest in Warrants and options up to maximum of 10% of total assets and the company may use borrowing to enhance its return up to 25% of net assets. Further, if considered appropriate by the board, the company may hedge its currency positions. 

Contact Information

company address INVESCO ASIA TRUST PLC Perpetual Park, Perpetual Park Drive, Henley-on-Thames, RG9 1HH, United Kingdom

company phone+44.800.0858677

company websitehttps://www.invesco.com/uk/en/country-splash.html

Similar Companies