Edison Analyzes Henderson Far East Income Performance

Edison Investment Research Limited has released a report on Henderson Far East Income (HFEL), highlighting significant developments for the Asian investment trust. HFEL primarily focuses on generating income and capital growth from Asia-Pacific equities. The trust has undergone portfolio repositioning over the past year to target structural growth opportunities while safeguarding income.

These strategic changes have borne fruit, with HFEL achieving a 17.4% return on a net asset value basis for the year ending 31 October 2024. This marks a notable improvement from the declines experienced in the previous two years. HFEL has also celebrated its 17th consecutive year of dividend growth, backed by robust portfolio revenues.

Revenue reserves have reached an all-time high, with further optimism from Asian corporate reforms boosting prospects, particularly in South Korea and China. The manager remains optimistic about sustaining performance growth into 2025 and beyond.