Aberdeen Asian Smaller Companies IT renamed; Young appointed manager

Also adopting more concentrated portfolio

Anna Fedorova
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Hugh Young becomes named manager on trust
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Hugh Young becomes named manager on trust

The board of the £486m Aberdeen Asian Smaller Companies investment trust has decided to change its name and number of holdings in the portfolio, while Hugh Young is becoming named manager.

With immediate effect, the trust is being re-named to Aberdeen Standard Asia Focus PLC, highlighting the emphasis on identifying and investing in small-cap companies. At the same time, Hugh Young will...

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