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abrdn Asian Income fund discount widens despite positive performance
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In its financial results for the year published today (27 March), the trust reported a net asset value total return of 2.5% — up from -3.6% in 2022 — outperforming the MSCI AC Asia Pacific ex Japan index, which returned 1.6% over the period. abrdn Property Income board backs CREI merger over 'uncertain' wind-down The trust attributed the positive performance to its «structural» underweight exposure to China. However, AAIF's discount went from 11.7% at the beginning of the year to 12.8% as of the end of 2023. It widened further in the first quarter of 2024, as the trust is curren...
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