It mirrors the strategy of a UK domiciled vehicle which it launched in 2012 and has been managed by lead fund manager Matt Williams and supporting portfolio construction group in London and Singapore, the firm said in a statement.

The strategy aims to achieve a combination of growth and income by investing in emerging markets equities. It takes a balanced two pillar approach to portfolio construction – 50 per cent in high dividend, 50 per cent in dividend growth, the firm continued. It is not dependent on a concentrated group of high yielding stocks to deliver performance.

“We understand income is an evergreen demand of Asian investors. The launch demonstrates our commitment as a specialist asset manager to expand our diversified income solutions which are designed to address the growing income needs of an ageing population in this region,” David Hanzl , head of wholesale APAC, abrdn, said. 

“The proportion of emerging market companies paying dividends is now comparable to developed markets. Therefore, we believe the strategy will provide a new option for investors, presenting long-term opportunities to benefit from high-growth markets,” he added.