Asia inc positive with prospect of quantitative easing


It was a good month for Asian markets as global investors continued to take heart from the prospect of further quantitative easing. The MSCI Free Net rose by 2.34%.

Scobie Ward and Peter Ferrys WF Asian Reconnaissance Fund was up 6.5% to take three-month returns to 24.81%, while Trophy Fund was up 3.89%, leaving three-month figures at 22.74%.

Tai Chi Fund was up 5.85% on the month to take three-month numbers to 17.4% and Hamon Oriental gained 1.49% leaving three-month figures at 17.22%, while Doric Asia Pacific Small Cap was up 4.72% leaving three-month numbers at 15.03% and Stewart