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About the company
Ashoka WhiteOak Emerging Markets Trust PLC is a United Kingdom-based investment trust. The Company’s investment objective is to achieve long-term capital appreciation, primarily through investing in equity and equity-related securities that provide exposure to global emerging markets. The Company shall invest primarily in securities admitted to trading on any stock exchange (which may include stock exchanges in developed markets) that provide exposure to companies that are domiciled in Global Emerging Markets (EMs), or that are domiciled in developed markets but at the time of investment, derive a majority of their economic value, revenues or profits from, or whose assets or cost base are mainly located in EMs. The Company invests in various sectors, including information technology, consumer discretionary, financials, industrials, materials, utilities, healthcare, consumer staples, and real estate, among others. The Company’s investment manager is Acorn Asset Management Ltd.
- Revenue in -- (TTM)--
- Net income in --
- Incorporated2023
- Employees--
- LocationAshoka WhiteOak Emerging Markets Trust plc18th Floor, The Scalpel, 52 Lime StreetLONDON EC3M 7AFUnited KingdomGBR
- Websitehttps://awemtrust.com/
Profile
| Management group(s) | White Oak Capital Partners Pte. Ltd. |
|---|---|
| AIC sector | Global Emerging Markets |
| ISIN | GB00BMZR7D19 |
| Launch date | 03 May 2023 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The investment objective of the Company is to achieve long-term capital appreciation, primarily through investment in securities admitted to trading on any stock exchange that provide exposure to Global Emerging Markets. The Company shall invest primarily in securities admitted to trading on any stock exchange that provide exposure to companies that are domiciled in Global Emerging Markets, or that are domiciled in Developed Markets but, at the time of investment, derive a majority of their economic value, revenues or profits from, or whose assets or cost base are mainly located in, Global Emerging Markets
Managed by
| Ayush Abhijeet, Wen Loong Lim, Fadrique Balmaseda, Prashant R. Khemka |
|---|
Management & contract fees
The Investment Manger is entitled to receive an Alpha Fee, payable in Ordinary Shares subject to meeting the relevant performance criteria. The first Performance Period will start on the earlier of (i) 30 Business Days following Initial Admission and (ii) the date on which more than 70 per cent. of the Net Issue Proceeds have been invested, and will end on the balance sheet date of the Company’s third annual financial results in 2026 (being 31 March 2026).
| Holder | Shares | % Held |
|---|---|---|
| Evelyn Partners Investment Management LLPas of 22 May 2024 | 5.21m | 15.87% |
| Charles Stanley & Co. Ltd. (Investment Management)as of 04 May 2023 | 3.88m | 11.81% |
| Quilter Cheviot Ltd.as of 03 May 2023 | 2.92m | 8.90% |
| Killik & Co. LLPas of 06 Sep 2023 | 916.96k | 2.79% |
| AMR Financial Management Ltd.as of 28 Jun 2024 | 150.00k | 0.46% |
