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190. Bull, Bear & Beyond – Invesco Asia Dragon Trust in 60 seconds image

190. Bull, Bear & Beyond – Invesco Asia Dragon Trust in 60 seconds

S1 E190 · Bull, Bear & Beyond by Edison Group
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8 Plays7 days ago

Get the lowdown from Edison’s Milosz Papst on this proven 'all-weather' Asian trust with a greater scale following last year's merger.

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About ‘Bull, Bear & Beyond’

Bull, Bear & Beyond': features candid conversations with senior executives and from our own team of experts from across industries, exploring strategy, innovation, and the opportunities shaping their markets and 60-second pieces are a compressed summary of content designed to convey our message in a single, easily shareable hit.

About Edison:

Edison is a content-led IR business. We believe quality investment content should inform all investors, not just brokers. Our mission: engage and build bigger, better-informed investor audiences for our clients.

Edison covers 50+ investment trusts, read about them here: https://www.edisongroup.com/equities/investment-companies/

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Transcript

Invesco Asia Dragon Trust Anniversary & Performance

00:00:00
Speaker
Invesco Asia Dragon Trust recently celebrated its first anniversary of the merger between Invesco Asia Trust and Asia Dragon Trust, with a strong 12-month net asset value total return of 26.5% to end December 2025, aided by a robust Chinese equity market and the rally in Asian tech stocks, among others.

Investment Strategy and Regional Focus

00:00:20
Speaker
A notable theme across the Trust's portfolio recently has been attractive shareholder returns, dividends and buybacks of companies in China, South Korea and Association of Southeast Asian Nations.

Valuations, Earnings Outlook, and Currency Impacts

00:00:32
Speaker
In South Korea, shareholder returns were assisted by the government's corporate Value Up program. The Trust's managers highlight the combination of still reasonable average valuations across the region, below the average valuations of US peers, a solid double-digit corporate earnings outlook for 2026, as well as the weaker US dollar, which historically has supported emerging market equities. For more information, please read our latest research notes.