Aberdeen Asian Income Fund Limited


To provide investors with a total return primarily through investing in Asian Pacific securities, including those with an above average yield. Within its overall investment objective, the Company aims to grow its dividends over time.

Morningstar rating:
3 out of 5

A total return closed-end fund offering quarterly income from a concentrated portfolio of Asian equities and bonds.

Daily prices as of {{asOfDate}}

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Key people

Charles Clarke

Chairman

Charles was appointed to the Board on 29 March 2012 and is a Jersey residentially-qualified graduate chartered accountant and former senior partner of KPMG in the Channel Islands who had previously worked for KPMG in Kuala Lumpur. Charles has a portfolio of independent NED appointments and runs an offshore corporate governance consultancy.

Ian Cadby

Non-Executive Director

Appointed to the Board with effect from 11 May 2016. Ian is a board executive and investment manager with over 27 years’ experience within the hedge fund and derivatives trading industry spanning a number of jurisdictions including Asia, USA, UK and Jersey and has extensive experience in board strategy, corporate governance and risk management. Ian is the former Group CEO of Ermitage Ltd and has held senior positions at Cadby Wauton, Regent Pacific and Citibank.

Mark Florance

Audit Committee Chairman

Appointed to the Board on 10 May 2017, Mark is a Singapore Permanent Resident with over 25 years' experience in corporate finance advisory, mergers and acquisitions, equity capital markets, debt capital markets and debt restructuring in Asia across most industry sectors, particularly energy, telecoms, resources, consumer, banking, media, property and transport. Mark started his career at Arthur Andersen before moving to NM Rothschild & Sons Limited, Australia in 1988. Mark left Rothschilds Singapore in 2012 as executive vice chairman to become founder and managing director of S.E.A. Strategic Pte Limited, a company involved in strategic consulting around private equity.

Nicky McCabe

Non-Executive Director

Nicky was formerly head of product and investment trusts at Fidelity International with experience across the full spectrum of asset management in back office operations, the investment team, proprietary investment, distribution and product management. Nicky is currently a non-executive director of Fidelity Special Values Investment Trust PLC, Bristol University and the charity Tomorrow's People.

Krystyna Nowak

Senior Independent Director

Krystyna is a partner of the Board Practice at Ridgeway Partners with extensive experience in board search across all sectors. She studied at Oxford University, before joining Citibank, originally in London followed by nine years in the Far East in Hong Kong and Singapore.
Hugh Young

Hugh Young

Managing Director, Asia Pacific Region

BA in Politics from Exeter University. Started investment career in 1980. In charge of ASI’s Far East funds since 1985. He is managing director of Aberdeen Standard Investments (Asia) Limited, responsible for all the Standard Life Aberdeen Group's investments in Asia.

He is also a director of Aberdeen Australia Equity Fund Inc., Aberdeen Asia-Pacific Income Investment Company Limited, Aberdeen Asian Income Fund Limited, Aberdeen Asian Smaller Companies Investment Trust PLC (alternate) and The India Fund Inc.

  • Charles Clarke

    Chairman

    Charles was appointed to the Board on 29 March 2012 and is a Jersey residentially-qualified graduate chartered accountant and former senior partner of KPMG in the Channel Islands who had previously worked for KPMG in Kuala Lumpur. Charles has a portfolio of independent NED appointments and runs an offshore corporate governance consultancy.
  • Ian Cadby

    Non-Executive Director

    Appointed to the Board with effect from 11 May 2016. Ian is a board executive and investment manager with over 27 years’ experience within the hedge fund and derivatives trading industry spanning a number of jurisdictions including Asia, USA, UK and Jersey and has extensive experience in board strategy, corporate governance and risk management. Ian is the former Group CEO of Ermitage Ltd and has held senior positions at Cadby Wauton, Regent Pacific and Citibank.
  • Mark Florance

    Audit Committee Chairman

    Appointed to the Board on 10 May 2017, Mark is a Singapore Permanent Resident with over 25 years' experience in corporate finance advisory, mergers and acquisitions, equity capital markets, debt capital markets and debt restructuring in Asia across most industry sectors, particularly energy, telecoms, resources, consumer, banking, media, property and transport. Mark started his career at Arthur Andersen before moving to NM Rothschild & Sons Limited, Australia in 1988. Mark left Rothschilds Singapore in 2012 as executive vice chairman to become founder and managing director of S.E.A. Strategic Pte Limited, a company involved in strategic consulting around private equity.
  • Nicky McCabe

    Non-Executive Director

    Nicky was formerly head of product and investment trusts at Fidelity International with experience across the full spectrum of asset management in back office operations, the investment team, proprietary investment, distribution and product management. Nicky is currently a non-executive director of Fidelity Special Values Investment Trust PLC, Bristol University and the charity Tomorrow's People.
  • Krystyna Nowak

    Senior Independent Director

    Krystyna is a partner of the Board Practice at Ridgeway Partners with extensive experience in board search across all sectors. She studied at Oxford University, before joining Citibank, originally in London followed by nine years in the Far East in Hong Kong and Singapore.
  • Hugh Young

    Managing Director, Asia Pacific Region

    BA in Politics from Exeter University. Started investment career in 1980. In charge of ASI’s Far East funds since 1985. He is managing director of Aberdeen Standard Investments (Asia) Limited, responsible for all the Standard Life Aberdeen Group's investments in Asia.

    He is also a director of Aberdeen Australia Equity Fund Inc., Aberdeen Asia-Pacific Income Investment Company Limited, Aberdeen Asian Income Fund Limited, Aberdeen Asian Smaller Companies Investment Trust PLC (alternate) and The India Fund Inc.

Yoojeong Oh

Yoojeong Oh

Senior Investment Manager

Yoojeong Oh is an Investment Director on the Asian Equities Team at Aberdeen Standard Investments. Yoojeong joined Aberdeen Asset Management in 2005 and was initially a member of the UK and European Equities Team in London before moving to Singapore.

Yoojeong graduated with an MEng in Engineering, Economics and Management from the University of Oxford and is a CFA® charterholder.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Flavia Cheong

Head of Equities - Asia Pacific ex Japan, Aberdeen Standard Investments (Asia) Limited

Flavia Cheong is Head of Asia Pacific ex Japan Equity on the Asian Equities team, where, as well as sharing responsibility for company research, she oversees regional portfolio construction. Before joining Aberdeen in 1996, she was an economist with the Investment Company of the People’s Republic of China, and earlier with the Development Bank of Singapore. Flavia graduated with a BA in Economics and an MA (Hons) in Economics from the University of Auckland. She is a CFA charterholder.

CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute

Pruksa Iamthongthong

Investment Manager

Pruksa Iamthongthong is an Investment Manager on the Asian Equities team. Pruksa joined Aberdeen in 2007.

Pruksa graduated with a BA in Business Administration from Chulalongkorn University, Thailand and is a CFA Charterholder.

CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute

Hugh Young

Managing Director, Aberdeen Asset Management Asia

Hugh Young is a Director of Aberdeen Asset Management PLC and Managing Director of the Group's Asian business. He has overall responsibility for the Group’s active equity, fixed income and property capabilities. Hugh joined Aberdeen in 1985 to manage Asian equities from London, having previously held posts at Fidelity International and MGM Assurance. He founded Singapore-based Aberdeen Asia in 1992 and since then he has built the company into one of the largest and most well-respected managers of such assets globally.

  • Yoojeong Oh

    Senior Investment Manager

    Yoojeong Oh is an Investment Director on the Asian Equities Team at Aberdeen Standard Investments. Yoojeong joined Aberdeen Asset Management in 2005 and was initially a member of the UK and European Equities Team in London before moving to Singapore.

    Yoojeong graduated with an MEng in Engineering, Economics and Management from the University of Oxford and is a CFA® charterholder.

    CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

  • Flavia Cheong

    Head of Equities - Asia Pacific ex Japan, Aberdeen Standard Investments (Asia) Limited

    Flavia Cheong is Head of Asia Pacific ex Japan Equity on the Asian Equities team, where, as well as sharing responsibility for company research, she oversees regional portfolio construction. Before joining Aberdeen in 1996, she was an economist with the Investment Company of the People’s Republic of China, and earlier with the Development Bank of Singapore. Flavia graduated with a BA in Economics and an MA (Hons) in Economics from the University of Auckland. She is a CFA charterholder.

    CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute

  • Pruksa Iamthongthong

    Investment Manager

    Pruksa Iamthongthong is an Investment Manager on the Asian Equities team. Pruksa joined Aberdeen in 2007.

    Pruksa graduated with a BA in Business Administration from Chulalongkorn University, Thailand and is a CFA Charterholder.

    CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute

  • Hugh Young

    Managing Director, Aberdeen Asset Management Asia

    Hugh Young is a Director of Aberdeen Asset Management PLC and Managing Director of the Group's Asian business. He has overall responsibility for the Group’s active equity, fixed income and property capabilities. Hugh joined Aberdeen in 1985 to manage Asian equities from London, having previously held posts at Fidelity International and MGM Assurance. He founded Singapore-based Aberdeen Asia in 1992 and since then he has built the company into one of the largest and most well-respected managers of such assets globally.

Financial calendar

Event Date
Year End 31 December
Accounts Published April
Annual General Meeting May
Dividend Paid February, May, August, November

Trust details

Aberdeen Asian Income Fund Limited

Registered Office:
1st Floor,
Sir Walter Raleigh House
48 – 50 Esplanade
St Helier,
Jersey
JE2 3QB


Incorporated in Jersey with registered number 91671

Launch Date: December 2005

Risk Warning
Risk warning
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested. The tax benefits relating to ISA investments may not be maintained. Investors should review the relevant Key Information Document (KID) brochure prior to making an investment decision.
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