Ashoka Whiteoak Emerging Markets Trust Plc (GB:AWEM) has released an update.
Ashoka WhiteOak Emerging Markets Trust plc (AWEMT) reported a slight decrease of 0.6% in NAV for August 2024, still outperforming its benchmark. Significant contributors to this performance included Trent, Nien Made, and MercadoLibre with notable growth, while SK hynix and Tencent Music Entertainment were among the detractors. The monthly update highlights the company’s investment focus on equities in global emerging markets, with a particular interest in capturing higher alpha potential due to market inefficiencies.
For further insights into GB:AWEM stock, check out TipRanks’ Stock Analysis page.
