It was generally a good month for Asian equities and fund performances reflected this for the most part.
APS Asia Pacific was up 3.87% during March to leave three-month figures at 11.08% while Doric Asia Pacific Small Cap was up 8.5% on the month taking first quarter returns to 9.15%. Pangolin Asia Fund was up 4.19% taking three-month figures to 9.09% and Dalton Asia was up 4.69% to put first quarter returns at 8.6%.
BDT Invest Asian Focus was up 9.44% in March to take three-month returns to 9.91%. Strong performers within the portfolio included Nintendo, which outperformed in