Keep up-to-date with your closed-end fund investments and world markets with Aberdeen’s range of email services.
sign up now
At close Mar 10, 2014
The NAV information is provided by the Fund's accounting agent. The price is as reported by the exchange on which the Fund trades. This information is unaudited and neither Aberdeen Asset Management PLC, its wholly owned subsidiaries, the Funds, nor any other person guarantees their accuracy.
If you require further information on any of our Closed-End Funds:
Aberdeen Asia-Pacific Income Fund, Inc. (NYSE MKT: FAX)*
The Fund’s investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. The Fund will seek to achieve its investment objective through investment in Australian and Asian debt securities.
For more detailed information on the specific risks associated with this fund, please view the Important Risk Considerations tab.
Asia by the Numbers
When consumers and investors think of Asia, they think of populous economies that are both sophisticated and well-established. But what about the surrounding boom of lesser-known economies? Asia isn’t just China and India: the rest of the continent is coming up in the world too, seeking to overtake other economies in a matter of years.
Aberdeen Asia Pacific Income Fund, Inc. Fund Manager Interview
Adam McCabe, Aberdeen’s Deputy Head of Asian Fixed Income, speaks to the current global trends that are affecting Asian Bonds. Adam covers:
- Recent volatility of global financial markets
- Currency volatility and market performance
- The possibility of a China slowdown
- Why Aberdeen for Asian fixed income
Full investment objective, investment policies and investment restrictions
Section 16 Filings
Fund Managers’ Monthly Report
Download Monthly Commentary
- Asian fixed income markets closed mixed in December after the Federal Reserve’s (Fed) decision to start trimming
its bond purchases beginning in January ended months of uncertainty. Ten-year U.S. Treasury yields rose above 3%
for the first time since July 2011 following the Fed’s decision.
- Indonesian bonds outperformed their regional counterparts, benefiting from a lack of new-issue auctions.
The Thai market was underpinned by the impact of renewed political uncertainty on bond issuance and
expectations of an interest rate cut by the central bank. Korean bonds posted decent gains after the central
bank kept monetary policy unchanged.
- In contrast, Philippine bonds saw the largest declines across Asia, as the country bore the brunt of Typhoon Haiyan
and the central bank raised its inflation forecast.
- Most regional currencies weakened against the U.S. dollar in the wake of the Fed’s decision, led by the Thai baht,
Indonesian rupiah and Malaysian ringgit.
- Australian government bond yields were also little changed in December, as data continued to signal an improving
economy. The central bank left the cash rate unchanged at 2.5% against a backdrop of sub-trend growth and
contained inflation. Australian credit markets, meanwhile, underperformed their U.S. and European counterparts.
Download Monthly Factsheet
To receive this, or any other monthly fund factsheet directly in your inbox, sign up for our email services.