Fund Research

Schroder Asian Total Return Investment Company

Last update 27 February 2018

Schroder Asian Total Return Investment Company (ATR) is a unique Asian equity portfolio with an unconstrained absolute return approach which seeks to harness the upside from equities in the region over the long term whilst using derivatives to eliminate the ‘noise’ of market and country risk.

The £290m trust, managed by Robin Parbrook and Lee King Fuei, aims to generate returns via a diversified portfolio of around 60 holdings in Asia – including Australia but excluding Japan – with a bias toward smaller and mid-cap stock, which the managers prefer because they are less well researched.

ATR has much in common with its open-ended counterpart – the $2.1bn Schroder ISF Asian Total Return fund – which is closed to new business. The fund has delivered total returns of 321% since it was launched in November 2007, three times as much as the MSCI AC Asia Pacific ex Japan index, while protecting capital well during negative markets.

Since Schroders took control of the trust, winning shareholder approval in March 2013 the team has produced excellent results; delivering higher annualised returns than the MSCI Asia Pacific ex Japan index and the average fund in the peer group AIC Asia Pacific ex Japan sector, a lower maximum drawdown, much lower beta (0.64%) and much higher annualised alpha (4.54%) than the average trust in the sector (0.84% and 0.96% respectively).

Kepler Trust Intelligence provides research and information for professional and private investors. In order to ensure that we provide you with the right kind of content, and to ensure that the content we provide is compliant, you need to tell us what type of investor you are.

Read the full article

Fund History: Schroder Asian Total Return Investment Company

More Research

Welcome to Kepler Trust Intelligence

Kepler Trust Intelligence is authorised in the UK by the Financial Conduct Authority.
Please enter a valid email address
{{item.msg}}
Please enter a valid password
{{item.msg}}
Please enter a valid email address
{{item.msg}}
Please check your email. If an account exists you'll be sent instructions on how to reset your password.
Kepler Trust Intelligence is authorised in the UK by the Financial Conduct Authority. To ensure that we are able to provide content which is appropriate for you, please tell us a little about yourself.
Please choose an option
{{item.msg}}
Please enter a company name
{{item.msg}}
Please enter a location name
{{item.msg}}
Please choose an option
{{item.msg}}
Please enter a platform
{{item.msg}}
Please choose an option
{{item.msg}}
Please select a range
{{item.msg}}
Please enter a trust
{{item.msg}}
View an example
Please select an option
{{item.msg}}
See benefits
A free Kepler Trust Intelligence account allows you to access premium content including the ‘Kepler View’ – our verdict on the trusts we cover – and historical research so you can see how our view has changed over time. An account also unlocks useful facilities like the ‘follow’ button which lets you keep track of the trusts you’re interested in and as a logged in user you can also download PDFs of our research, and choose the layout of the page you’re reading to suit your preference. We will not share your details unless you give us permission to do so, and we won’t bombard you with emails – we only send one a week.
Please select an option
{{item.msg}}
Please enter your first name
{{item.msg}}
Please enter your last name
{{item.msg}}
Please enter a valid email address
An account already exists with this email - have you forgotten your password?
{{item.msg}}
Please enter a valid password
{{item.msg}}
Please enter a valid password
{{item.msg}}
Your answers help us to tailor our content to relevant investment trusts, and to ensure that the asset allocation and portfolio strategy research we produce is appropriate to our userbase. We do not share your personal information and your answers are not linked to your identity for marketing purposes.

One more thing...

Did you know, you can 'follow' individual trusts on Kepler Trust Intelligence? Use the functions below to set up alerts and we'll send you research and updates on your chosen trusts.

Suggested trusts to follow

Browse all funds
Current Site Kepler Trust Intelligence is produced by the investment companies team at Kepler Partners and is the UK’s premier source of detailed qualitative research on investment trusts. Absolute Hedge is a market leading UCITS research database providing proprietary research on funds, themes and strategies in the UCITS space. Kepler Liquid Strategies is a Dublin domiciled UCITS fund platform featuring a number of best-of-breed fund managers. Kepler Partners is a corporate advisory and asset raising boutique specialising in the regulated funds market in Europe and investment trusts in the UK.