The Edinburgh Dragon trust has been renamed the Asia Dragon trust to reflect "an increasing focus on the individual investor", while Aberdeen Standard Investments investment director Pruksa Iamthongthong has been added to the management team.
Iamthongthong will work alongside existing portfolio manager Adrian Lim in efforts to provide the £590m AUM trust with "more dedicated resource", the firm said. Revealed: The final nominees for this year's Investment Company of the Year Awards The renaming of the trust reflects a greater focus on individual investors, which at present own around 13% of the company's share capital, as the firm looks to boost its regional investment profile. It said that while the trust "enjoys a strong relationship with many institutions and wealth managers", the board "believes that there is the op...
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