Another investment trust bites the dust: Abrdn’s Asia Dragon set to merge Investing Abrdn’s chronically underperforming Asia Dragon trust is set to merge with Invesco’s Asia investment trust. Despite being the larger of the two trusts, the £682m Asia Dragon trust will be taken over by the £219m Invesco Asia trust, which analysts said was due to the latter’s better performance. Abrdn’s Asia Dragon launched a strategic review [...]
Small trust worth £30m moves in for £600m Abrdn Asia Dragon Investment trusts In a stock exchange announcement, Ashoka's trust said it had put forward a proposal to merge the two trusts, with the option of a cash exit of up to 50 per cent for Asia Dragon shareholders.