While the Japanese market fell off sharply during September in contrast to the gains elsewhere in the region the end of the third quarter saw many long/short funds strongly up over the year.
Sector Zen was down 1.6% on the month leaving year-to-date numbers at 44.15% while Optima Platinum Japan was up 1.2% for September taking 2009 figures to 37.67%.
Arcus Zensen was down 1.04% leaving the years returns at a robust 43.81%. Most of the better performers in the funds portfolio during the month were defensive plays such as Shimachu, JT and NTT. Although financials underperformed during