IN BRIEF: Schroder AsiaPacific Fund total return is short of benchmark

Tue, 02nd Jun 2026 10:19

Schroder AsiaPacific Fund PLC - invests in a portfolio of 60 "best quality but undervalued" companies in Asia and Australia - Delivers 3.7% total return in the financial half year that ended March 31, compared to a 5.2% return by its benchmark, the MSCI all countries Asia excluding Japan index in sterling terms. Net asset value per share is 724.26p at the end of March, up 1.9% from 711.01p on September 30 and 22% from 594.52p a year before. NAV continues to rise in April, with NAV standing at 820.20p on April 30. The investment trust declares no interim dividend for the half-year, unchanged from a year before, but it pays final dividends. For financial 2025, it paid a 13.00p final dividend, up from 12.50p for financial 2024. It also is conducting a share buyback programme.

Schroder AsiaPacific Fund notes the upcoming acquisition of its manager, Schroders PLC, by Chicago-based asset manager Nuveen LLC. The fund says Nuveen has said it intends to maintain continuity across Schroders' investment functions after the deal completes in the fourth quarter.

"Valuations across Asian markets are above long-term averages, reflecting stronger sentiment and confidence in the region's outlook," says Chair Nicky Richards. "This supports a broadening earnings recovery with companies showing resilience despite some energy-related headwinds."

Current stock price: 878.71 pence, up 1.0% in London on Tuesday

12-month change: up 66%

By Tom Waite, Alliance News editor

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