Schroder Asian Total Return (ticker: ATR) was launched in 1987. Until 2013, it was run by Henderson but it then switched management firm to Schroders with the pairing of Robin Parbook and King Fuei Lee taking on oversight of its portfolio. ATR typically has around 60 equity holdings with some derivative exposure designed to minimise volatility and provide some downside protection. The trust often has a low level of exposure to some Asian markets, such as China, that have historically delivered lower long-term returns due to factors such as regulatory issues, corruption, and inefficient state-o...