Aberdeen Standard Asia Focus trust proposes package of reforms to make trust 'more competitive'

Amending investment policy

The board of the £555.3m Aberdeen Standard Asia Focus trust has put forward a package of reforms as it looks to make the trust “more competitive” and give shareholders, particularly retail, “more meaningful participation” in the trust’s success.

The trust is trading on a 12.7% discount, according to the Association of Investment Companies (AIC), the largest discount of the three trusts that sit in the Asia Pacific Smaller Companies AIC sector....