Ashoka Whiteoak Emerging Markets Trust Plc (GB:AWEM) has released an update.
Ashoka WhiteOak Emerging Markets Trust plc reported a 5.6% NAV total return in the second quarter of 2024, slightly outperforming its benchmark. The performance was buoyed by strong showings from leading companies such as Awfis Space Solutions and SK Hynix, despite some drag from underperformers like LVMH Moet Hennessy and Yum China Holdings. The trust, advised by White Oak Capital Partners and emphasizing an analytical approach with a focus on emerging markets, continues to seek long-term capital appreciation for its investors.
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