Investment Trusts

Pacific Assets Trust

PAC:LSE

Pacific Assets Trust

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  • Price (GBX)386.00
  • Today's Change1.00 / 0.26%
  • Shares traded511.41k
  • 1 Year change+9.97%
  • Beta0.4754
Data delayed at least 20 minutes, as of Feb 16 2026 16:18 GMT.
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About the company

Pacific Assets Trust plc is a United Kingdom-based externally managed investment trust. The Company's investment objective is to achieve long-term capital growth through investment in selected companies in the Asia Pacific region and the Indian sub-continent, but excluding Japan, Australia and New Zealand (the Asia Pacific Region). Up to a maximum of 20% of the Company’s total assets (at the time of investment) may be invested in companies incorporated and/or listed outside the Asia Pacific Region. The Company invests principally in listed equities although it is able to invest in other securities, including preference shares, debt instruments, convertible securities and warrants. In addition, the Company may invest in open and closed-ended investment funds and companies. It invests in various sectors, including industrials, information technology, consumer staples, consumer discretionary, healthcare and financials. Its alternative investment fund manager is Frostrow Capital LLP.

  • Revenue in GBP (TTM)-20.87m
  • Net income in GBP-25.18m
  • Incorporated1984
  • Employees0.00
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Profile

Management group(s)Stewart Investors
AIC sectorAsia Pacific
ISINGB0006674385
Launch date01 Jan 1985
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To achieve long-term capital growth through investment in selected companies in the Asia Pacific region and the Indian Subcontinent, but excluding Japan. The Company invests principally in listed equities although it is able to invest in other securities, including preference shares, debt instruments, convertible securities and warrants. In addition, the Company may invest in open and closed-ended investment funds and companies.

Managed by

Jack Nelson, Douglas Ledingham

Management & contract fees

The management fee is based on the lower of the Company’s market capitalisation and NAV, set at 0.75% per annum on the first £500 million and 0.65% per annum thereafter. The Agreement can be terminated by either party by giving six months notice.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Aberdeen Asian Income Fund Ltd24.04m17.05m409.02m0.0025.571.17--17.020.11230.11230.15952.460.0587--4.69--4.165.194.545.6390.6190.1670.9476.43--11.130.080477.24157.01-2.15291.26-2.93--9.30
Schroder Japan Trust PLC25.27m20.97m412.21m0.0019.931.21--16.310.18060.18060.21782.980.0707--11.00--5.8610.566.0310.9789.3993.7982.9689.96----0.0024.41-61.29---65.64----18.46
Gresham House Energy Storage Fund PLC-489.29k-8.27m412.57m24.00--0.6731-----0.0145-0.0145-0.00091.08-0.0008-----20,387.08-1.343.14-1.343.15--78.74--70.83----0.00127.55-7.04---5.25-----52.40
Invesco Bond Income Plus Ltd31.85m26.68m421.91m0.0013.191.02--13.250.13190.13190.15711.700.0796--28.67--6.672.657.643.5892.8586.0883.7774.66--20.120.1097180.89-13.994.84-16.463.06--3.17
Tatton Asset Management PLC49.34m17.00m422.98m113.0025.297.5223.418.570.27290.27290.79180.91790.803--16.64436,637.2027.5226.0832.2531.68----34.2834.49----0.012871.2523.1016.2224.9214.05-2.2214.63
Ashoka India Equity Investment Trust PLC28.01m-1.05m424.99m0.0041,833.330.9003--15.170.000060.000060.17062.790.0579--72.37---0.217613.42-0.218713.6242.8990.56-3.7672.12----0.000.00-75.39126.29-101.09------
JPMorgan India Growth & Income PLC-88.99m-87.77m431.12m0.00--0.8672-----1.88-1.88-1.9611.08-0.125-------12.328.24-12.348.26--94.41--78.56----0.000.00-152.15---168.95------
Foresight Environmental Infrstrctr15.39m7.24m436.34m0.0060.400.6686--28.360.01160.01160.02411.050.0224------1.057.961.057.9958.7688.5847.0486.31----0.0077.98255.68--79.66----3.21
Pacific Assets Trust plc-20.87m-25.18m439.91m0.00--0.9754-----0.2108-0.2108-0.1743.95-0.0413-------4.987.69-5.007.72--90.68--76.44----0.0010.611,039.4424.44839.5027.22----
Jpmorgan Uk Small Cap Growth & IncomePLC3.68m-3.02m441.64m0.00--0.9735--119.88-0.0116-0.01160.02743.630.0066--0.9725---0.54297.53-0.60948.26-57.4988.66-81.8986.77----0.0033.42-96.48-18.30-103.03----22.29
Bluefield Solar Income Fund Ltd-25.95m-28.47m447.02m0.00--0.6478-----0.0481-0.0481-0.04361.17-0.0352-------3.875.89-3.875.89------------0.0065.76-250.14---196.54----2.45
Nippon Active Value Fund PLC60.88m53.83m452.41m0.008.261.15--7.430.28460.28460.32192.050.1658--30.90--14.66--14.75--94.83--88.42----34.450.0097--4.43--2.03------
North American Income Trust PLC45.45m38.87m453.77m0.0013.081.08--9.980.30230.30230.36523.680.0933--42.08--7.988.148.028.2392.2591.2485.5284.40----0.079339.216,376.1125.591,089.2530.18--5.13
North Atlntc Smlr Cmpns Invtmnt Trst PLC33.64m22.93m465.80m0.0020.740.635--13.850.17310.17310.25555.650.0453--3.25--3.094.113.104.1372.0479.5268.1575.70----0.0016.11369.86-13.781,851.58-15.77--24.01
Chrysalis Investments Ltd136.18m120.47m471.19m0.004.310.5628--3.460.22430.22430.24971.720.1523--25.24--13.47-1.4813.49-1.5496.51-93.7988.46-102.63--32.580.075--199.72-7.12207.17-5.57----
Foresight Group Holdings Ltd162.32m38.98m471.34m411.0012.395.3810.402.900.3320.3321.380.76560.9769--5.20394,931.9023.4621.1134.1729.7593.5894.5324.0221.69----0.174782.358.9621.8825.7738.59-16.56--
Data as of Feb 16 2026. Currency figures normalised to Pacific Assets Trust's reporting currency: UK Pound GBX

Institutional shareholders

68.12%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 05 Feb 202617.17m15.02%
Rathbones Investment Management Ltd.as of 31 Jan 202512.37m10.83%
Brewin Dolphin Ltd.as of 31 Jan 202511.33m9.92%
Evelyn Partners Investment Management LLPas of 19 Jan 202611.18m9.78%
1607 Capital Partners LLCas of 22 Sep 20256.12m5.36%
Raymond James Wealth Management Ltd. (Investment Management)as of 31 Jan 20256.04m5.29%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 01 Dec 20255.99m5.24%
EQ Investors Ltd.as of 10 Jun 20253.30m2.89%
Investec Wealth & Investment Ltd.as of 21 Sep 20232.57m2.25%
TrinityBridge Ltd.as of 01 Dec 20251.78m1.56%
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Data from 31 Jul 2025 - 31 Jan 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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