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Invesco Asia Dragon Trust plc () is a large British
investment trust An investment trust is a form of investment fund found mostly in the United Kingdom and Japan. Investment trusts are constituted as Public limited company, public limited companies and are therefore closed ended since the fund managers cannot red ...
dedicated to investments in
Far East The Far East is the geographical region that encompasses the easternmost portion of the Asian continent, including North Asia, North, East Asia, East and Southeast Asia. South Asia is sometimes also included in the definition of the term. In mod ...
companies. The company is listed on the
London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
and is a constituent of the
FTSE 250 Index The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...
. The chairman is Neil Rogan.


History

Invesco Asia Trust was established in 1995. In October 2024, it was announced that Invesco Asia Trust would merge with Asia Dragon Trust to form the largest investment trust in the sector focussed on companies in the Far East. This would be achieved by a transfer of assets from Asia Dragon Trust to Invesco Asia Trust, followed by the voluntary liquidation of Asia Dragon Trust. The combined portfolio would then be held and would operate as Invesco Asia Dragon Trust. Asia Dragon Trust had been established as the EFM Dragon Trust in 1987: it changed its name to Edinburgh Dragon Trust in 1994 and to Asia Dragon Trust in November 2019. Shareholders of Asia Dragon Trust approved the scheme on 13 February 2025, so allowing the transaction to be completed. Invesco Asia Dragon Trust was welcomed to the London Stock Exchange on 14 February 2025.


References


External links


Official site
Investment trusts of the United Kingdom Companies in the FTSE 250 Index {{UK-finance-company-stub