April saw the rally continuing across many Asian markets and a number of funds posted strong gains. Dalton Asia was up 7.56% to take three-month numbers at 16.87% while WF Asian Reconnaissance Fund was up and estimated 8.03% taking three-month figures to 16.42%.
Steadview Capital Master Fund was up 8.38% taking three-month returns to 13.66% and WF Asian Smaller Companies gained 5.4% to take three-month figures to 12.06%.
Pangolin Asia was up 6.44% to leave three-month numbers at 12.64%. the fund benefited during the month from positions in consumer companies, particularly in Indonesia.
Matrix Asia Fund was up 7.32% on