Asia Dragon and Abrdn New Dawn to Merge

Asia Dragon and Abrdn New Dawn to Merge

Two Asia-focused investment trusts, Asia Dragon and Abrdn New Dawn, have announced plans to merge. The merger, which is expected to be completed in the first half of 2023, will create a new £700 million investment trust with a focus on Asia Pacific equities.

Asia Dragon is a £300 million investment trust that invests in the Greater China region, while Abrdn New Dawn is a £400 million investment trust that invests in the wider Asia Pacific region. The merged trust will be managed by Abrdn, which is the parent company of both Asia Dragon and Abrdn New Dawn.

The merger is expected to create a more diversified and liquid investment trust with a broader range of exposure to Asia Pacific equities. It is also expected to generate cost savings for the merged trust, which will be passed on to investors in the form of lower fees.

Asia Dragon and Abrdn New Dawn to Merge

The merger is subject to shareholder approval, but it is expected to be a smooth process. Both Asia Dragon and Abrdn New Dawn have strong track records and are well-respected by investors. The merged trust is expected to be a valuable addition to the Asia Pacific investment trust sector.

Here are some of the key takeaways from the merger:

  • Two Asia-focused investment trusts, Asia Dragon and Abrdn New Dawn, have announced plans to merge.
  • The merger will create a new £700 million investment trust with a focus on Asia Pacific equities.
  • The merged trust will be managed by Abrdn.
  • The merger is expected to create a more diversified and liquid investment trust with a broader range of exposure to Asia Pacific equities.
  • The merger is also expected to generate cost savings for the merged trust, which will be passed on to investors in the form of lower fees.

The merger of Asia Dragon and Abrdn New Dawn is a significant development in the Asia Pacific investment trust sector. The merged trust is expected to be a valuable addition to the sector and will provide investors with a more diversified and liquid option for investing in Asia Pacific equities.


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