Money Makers

Schroder Oriental Income (SOI) was launched in 2005 raising £150m. Matthew Dobbs was the lead manager until his retirement at the end of 2020 and since then Richard Sennitt, who worked closely with Dobbs for many years, has been in charge. SOI has built up a strong performance record with an annualised NAV return of 10.2% versus 7.8% for its benchmark and it has outperformed in each of the last four years. The trust's portfolio is dominated by Taiwan, Australia, Singapore, Korea, and China/Hong Kong and typically consists of 60-80 "best ideas" with a very modest level of gearing (India is not ...