12 Sep 2023 09:56
abrdn Private Equity Opportunities Trust - Annual overview from QuotedData
12th September 2023
Unrecognised success
Given that abrdn Private Equity Opportunities Trust (APEO) is one of the few ways in which the average investor can access a diverse pool of private equity managers (many smaller investors do not meet the size threshold to invest directly in private equity LP funds), and has produced impressive long-term returns well ahead of comparable equity indices and its peer group average, one might expect its share price to trade close to its net asset value (NAV). However, that is clearly not the case currently. APEO continues to trade on a stubbornly wide discount to NAV of 42.0%, due to investors' fears around valuations or market outlook, both of which may be misplaced.
The APEO team has been increasing its allocation to co-investments (these are direct investments made alongside other funds), which should make the fund a more attractive opportunity, by reducing its underlying fees, and making APEO a better reflection of the team's highest conviction investments.
Full Research:
https://quoteddata.com/research/abrdn-private-equity-opportunities-trust-unrecognised-success-qd/
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NB: Marten & Co was paid to produce this note on abrdn Private Equity Opportunities Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.
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