abrdn Asia-Pacific Income Fund Q4 2025 Commentary
2026-03-04 03:27:00 ET
Fund performance
The investment portfolio outperformed its benchmark by 10 bps during the period. The key positive contributor to the relative performance was the overweight exposure to the outperforming high-yield sector within the Asian credit allocation, with the Indian metals and mining sector supported by strong metals prices. Additionally, the underweight exposure to Australian government bonds contributed positively as bond yields rose, while the decision to use foreign-exchange forwards to buy Australian dollar currency exposure also added value. The overweight exposure to the Indian rupee and Indonesian rupiah markets, and the underweight to strongly performing south-east Asian currencies, detracted value. 1...
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