Pacific Assets Trust plc (PAC.L) LSE

360.00

-2(-0.55%)

Updated at October 17 04:48PM

Currency In GBp

Pacific Assets Trust plc

Address

23 St. Andrew Square

Edinburgh, EH2 1BB

United Kingdom of Great Britain and Northern Ireland

Phone

44-131-473-2200

Sector

Financial Services

Industry

Asset Management

Employees

0

First IPO Date

February 28, 1985

Key Executives

NameTitlePayYear Born
Mr. Richard Charles Wilson B.A.Chief Executive Officer and Executive Director01966
Mr. David Logan ACA, B.A., C.A.Chief Operating Officer and Executive Director01970
Mr. David GaitPortfolio Manager0N/A
Mr. Sashi ReddyPortfolio Manager0N/A

Description

Pacific Assets Trust plc is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is managed by First State Investment Management (UK) Limited. The fund invests in public equity markets of the Asia-Pacific region, excluding Japan, Australia, and New Zealand. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies, with an emphasis on companies which are well positioned to benefit from and contribute to sustainable development of the countries in which they operate. It focuses on such factors as financial analysis, company visits, and valuation analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI All Country Asia ex Japan Index. It employs in-house research to make its investments. Pacific Assets Trust plc was formed on January 1, 1985 and is domiciled in the United Kingdom.