Hugh Young: How my open-ended funds help me run ITs



Aberdeen's Hugh Young and his Asian equities team run seven UK-listed investment trusts, both pan-Asian and single country strategies, which have combined assets under management of £1.6bn.

The veteran manager shares his views with Lorraine Cushnie on the global outlook, the challenges of investing for dividends in Asia and how his open-ended funds make him a better investment trust manager. The Asian growth story which has underpinned the investment case for the region in recent years has come under some pressure lately. As debt problems drag on in Europe and the US, impacting global growth, economists have begun painting a gloomier picture of the outlook for Asia. With many Asian economies geared toward global demand, there are questions about whether the continent ...

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