Source - RNS
RNS Number : 8159L
Martin Currie Asia Uncnst Trust PLC
05 October 2016


London, UK, 05 October 2016

Edison issues research review on Martin Currie Asia Unconstrained Trust (MCP)


Martin Currie Asia Unconstrained Trust (MCP) was launched in 1985 and in July 2014 adopted Martin Currie's Asia Long-Term Unconstrained (ALTU) strategy, aiming to generate returns in line with Asia-Pacific ex-Japan GDP growth, which generally has not been fully reflected in the region's equity market returns. Since ALTU's inception in 2008, it has demonstrated lower volatility than the market, capturing most of the upside in rising markets, while outperforming in falling markets. MCP has a wider discount than the peer group, which provides scope for it to narrow; its current dividend yield of 2.4% is attractive versus non income-mandated peers.


Having widened following the result of the UK's EU referendum, MCP's current share price discount to cum-income NAV of 17.0% is wider than the 15.1% average of the last 12 months and is wider than the averages of the last three, five and 10 years. There is scope for the discount to narrow if positive investment performance is maintained or investor demand for Asian equities increases. MCP has a progressive dividend policy and its current yield of 2.4% ranks favourably versus its peers.

Click here to view the full report


All reports published by Edison are available to download free of charge from its website:


About Edison: Edison is an international equity research firm with a team of over 70 analysts, investment and roadshow professionals and works with both large and smaller capitalised companies, blue chip institutional investors, wealth managers, private equity and corporate finance houses to support their capital markets activity. Edison provides services to more than 420 retained corporate and investor clients from offices in London, New York, Frankfurt, Sydney and Wellington. Edison is authorised and regulated by the Financial Conduct Authority.


Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

Contact details: Learn more at and connect with Edison on: 






This information is provided by RNS
The company news service from the London Stock Exchange

Related Charts