abrdn Emerging Markets Equity Income Fund Q4 2024 Commentary

2025-03-28 11:15:00 ET

Summary

• The abrdn Emerging Markets Equity Income Fund fell by 7.31% over the quarter but outperformed the benchmark by 57 basis points, driven by strong performance in Taiwan and Vietnam.
• Key contributors included Accton Technology, Delta Electronics, and Taiwan Semiconductor, while Chinese equities faced mixed results amid muted investor sentiment.
• Emerging market equities lagged developed markets due to higher tariffs, a strong US dollar, and political instability in South Korea and Brazil.
• The outlook for emerging markets remains constructive, with structural tailwinds, fiscal and monetary discipline, and attractive valuations supporting a potential recovery.

Fund performance

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