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Newton Asian Income

Ranked 108 out of 117 in - Asia Pacific Excluding Japan over 12 months
All calculations are in GBP

Managed by

Jason Pidcock

Jason Pidcock graduated from Essex University, and started his career with Henderson where he was assistant fund manager between 1993 and 1996. He then joined BP where he was responsible for stock selection and asset allocation in the Asia Pacific excluding Japan region for the BP pension fund. In 2004 he joined BNY Mellon (then called Newton) where he managed the Newton Oriental, Mellon Asian Equity and Newton Asian Income funds. In May 2015 Jason left BNY Mellon and joined Jupiter where he will be running their Asian Income Strategy. Jason's investment style is pragmatic with regard to style. He prefers a longer-term approach, which is reflected in a two to three year investment horizon. He has over 13 years of investment experience in the Asia Pacific sector.


Income and capital growth over the long-term by investing in shares (i.e. equities) and similar investments of companies listed or located in the Asia Pacific region excluding Japan.


Asia Pacific Excluding Japan over : 31/05/2014 - 31/05/2015

Total Return

Quarterly Performance

to 31/03/2015 Annual Q1 Q2 Q3 Q4
2015 5.5%
2014 10.9% 2.2% 3.2% 1.8% 3.3%
2013 -0.8% 13.3% -7.2% -1.2% -4.5%
2012 22.2% 10.3% -0.9% 6.7% 4.8%
2011 -0.9% -0.9% 2.4% -7.7% 5.9%
2010 32.8% 8.4% -2.2% 10.8% 13.0%
2009 50.8% 0.4% 10.4% 24.3% 9.4%
2008 -24.8% -11.2% -3.9% -8.7% -3.6%
2007 20.3% 6.6% 9.3% 2.4% 0.9%
2006 17.9% 7.9% -4.8% 3.3% 11.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Transurban Group 3.60
Taiwan Semiconductor Manufacturing Co Ltd ORD 3.25
Sands China Ltd ORD 3.14
Telstra Corporation Ltd ORD 3.12
Wesfarmers Ltd ORD 2.93
Scentre Group 2.75
Meridian Energy Ltd ORD 2.74
Wynn Macau Ltd ORD 2.73
Woodside Petroleum Ltd ORD 2.67
Philippine Long Distance Telephone Company ORD 2.63

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. France
  5. Germany
  6. Luxembourg
  7. Netherlands
  8. Spain
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date30/11/2005
  • Share Class size4,617Mn
  • Base currencyGBP
  • ISIN GB00B0MY6Z69

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment0


  • Annual management1.5%
  • Initial investment0

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Newton's Pidcock on the dynamics behind the Asian income story

In the past decade yields have grown across a range of Asian countries from Taiwan and China to the Philippines. Newton Investment Management's Jason Pidcock expects this trend to continue.  

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).