Pacific Assets Trust plc (PAC.L) Research
Pacific Assets Trust plc is a UK-domiciled, closed-end investment trust that was established on January 1, 1985. Initially launched by Frostrow Capital LLP, its portfolio is currently managed by First State Investment Management (UK) Limited. The trust focuses its investments on publicly traded equities across the Asia-Pacific region, specifically excluding markets in Japan, Australia, and New Zealand. It aims to build a diversified portfolio by allocating capital to companies operating across a variety of economic sectors. A key investment objective is to acquire growth-oriented companies, with a particular emphasis on businesses that are strategically positioned to both capitalize on and foster sustainable development within the nations where they operate. The selection process involves meticulous in-house research, comprehensive financial analysis, direct engagements with companies, and thorough valuation assessments. The fund's performance is measured against the MSCI All Country Asia ex Japan Index.
Market snapshot
- Symbol
- PAC.L
- Price
- $430
- Day change
- +0.70%
- Market cap
- $491.3M
- P/E ratio
- -112.56x
- 52-week range
- 335.3-451.36
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Bluefield Solar Income Fund Limited (BSIF.L)
- European Opportunities Trust plc (EOT.L)
- The Henderson Smaller Companies Investment Trust plc (HSL.L)
- JPMorgan Claverhouse Investment Trust plc (JCH.L)
- JPMorgan Global Emerging Markets Income Trust plc (JEMI.L)
- North Atlantic Smaller Companies Investment Trust PLC (NAS.L)
- Octopus Titan VCT plc (OTV2.L)
- Polar Capital Global Healthcare Trust plc (PCGH.L)
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