Apollo Asia strategy continues to shine


Kuala Lumpur-based Apollo Investment Management continues to shine brightly with its Apollo Asia Fund, which has delivered a 35.88% gain in the first nine months of the year.

The BVI-domiciled fund which is managed by highly regarded manager Claire Barnes, invests in equities around the Asia-Pacific region and is now estimated to have an AUM of about $200 million. Already closed to new investors, the fund has delivered an annualised return of 24.72% since its launch in November 1999.

The fund specialises in Asian equities, seeking absolute return through the selection of individual stocks with reference to intrinsic