In the Asia ex-Japan market the first half of the year has yielded a mixed batch of results.
Most funds in the peer group were down in June, with the median return being -1.47%. But among the winners was SC Asian Opportunity Fund, which was up 2.4% for June to take six-month returns to 9.3%. Sino Vision Greater China Market Neutral Fund was also up –by 1.02% to leave six-month numbers at 7.17%.
HT Asian Catalyst Fund was was down 1.41% to leave six-month numbers at -2.17%. The fund’s managers will be looking to buy selectively in China