The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

abrdn
abrdn, a global investment company, has just launched an Emerging Markets Income Equity Strategy, available to accredited investors and institutional investors in Singapore and professional investors in Hong Kong.

It mirrors the strategy of a UK domiciled vehicle which it launched in 2012 and has been managed by lead fund manager Matt Williams and supporting portfolio construction group in London and Singapore, the firm said in a statement.

The strategy aims to achieve a combination of growth and income by investing in emerging markets (EM) equities. It takes a balanced two pillar approach to portfolio construction – 50 per cent in high dividend, 50 per cent in dividend growth, the firm continued. It is not dependent on a concentrated group of high yielding stocks to deliver performance.

“We understand income is an evergreen demand of Asian investors. The launch demonstrates our commitment as a specialist asset manager to expand our diversified income solutions which are designed to address the growing income needs of an ageing population in this region,” David Hanzl (pictured), head of wholesale APAC, abrdn, said. 

“The proportion of emerging market companies paying dividends is now comparable to developed markets. Therefore, we believe the strategy will provide a new option for investors, presenting long-term opportunities to benefit from high-growth markets,” he added.