Aberdeen Asset Management·2026-05-26·via All Articles on Seeking Alpha
Summary
The Fund declined by 20.15% in US dollar terms over the quarter, underperforming the benchmark by 252 basis points.
Within energy, our holding in Aegis Vopak detracted amid concerns over near-term liquefied petroleum gas supply disruptions linked to the US-Iran conflict.
In terms of activity over the quarter, we bought Central Depository Services, one of the two depositories in India that stores securities in an electronic form.
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Fund performance
The Fund declined by 20.15% in US dollar terms over the quarter, underperforming the benchmark by 252 basis points. Stock selection across energy, consumer discretionary and healthcare were key detractors.1
