abrdn Asia Focus manager Hugh Young to retire after 43 years

abrdn Asia Focus lead manager

Elliot Gulliver-Needham
clock • 3 min read

The manager of the abrdn Asia Focus (AAS) trust, Hugh Young, is set to retire at the end of this year, with analysts noting a careful succession plan will be crucial.

In a stock exchange notice today (20 October), the board said Young will also be retiring from abrdn, where he has worked since 1985, at the end of this year, leaving behind a 43-year career.  The lead manager of the trust will now be Flavia Cheong, abrdn's head of equities for the Asia Pacific region, who is joined by Gabriel Sacks and Xin-Yao Ng as co-managers. Chair Krishna Shanmuganathan said: "Hugh has worked tirelessly on behalf of the Company since its launch and, both personally and on behalf of the Board, I would like to thank him and wish him the very best for his well-earne...

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