15th Aug 2014 14:47
LONDON (Alliance News) - Schroder AsiaPacific Fund PLC Friday said it underperformed its benchmark in the quarter to end-June.
Schroder AsiaPacific is focused on investments in Asia and Far Eastern countries bordering the Pacific Ocean.
The trust posted a return on net asset value per share of 3.47%, lagging behind the MSCI AC Asia (ex Japan) Index which posted a total return of 4.6%.
Shares in Schroder AsiaPacific were trading up 0.2% at 263.07 pence Friday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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