Abrdn Asian Income has announced Isaac Thong as lead manager alongside Eric Chan, following Yoojeong Oh’s decision to leave aberdeen.
Thong joins the trust, and the wider aberdeen group, from JP Morgan Asset Management, where he co-managed the JP Morgan Global Emerging Markets Income trust and the open-ended JP Morgan Emerging Markets Income fund.
He will also lead aberdeen’s Asian income portfolio construction group.
See also: Amundi launches Indian value fund with State Bank of India
Oh departs the firm after managing the Abrdn Asian Income’s portfolio for over a decade.
Trust chair Ian Cadby said: ‘We are delighted to be welcoming Isaac, who will be leading the investment team. His excellent track record in Asia and Emerging Markets investing is a tremendous asset for our company.
“With Asia poised to drive global economic growth, Isaac’s expertise will be instrumental in navigating this dynamic landscape. Asian companies are increasingly prioritising shareholder returns and dividend growth, which aligns perfectly with our investors’ focus on both growth and yield.
“I am confident that under Isaac’s leadership, our investment strategy will continue to deliver sustainable capital growth and a consistent income for our shareholders.”