Despite some positive economic data in October, TOPIX ended the month down by 1.7%, with currency fluctuations a major influence on market performance.
Marshall Wace Japan TOPS was up by 2.02% for the month taking year-to-date numbers to 27% while Blue Sky Japan saw a dip of 2.41% leaving year-to-date returns at 30.41%. Sector Zen was up by 0.17% on the month taking year-to-date numbers to 44.39% and Hadoh Fund was up 1.47% to take year-to-date returns to 15.93%.
Arcus Zensen was down by 0.06% on the month leaving year-to-date returns at a very solid 43.72%. During the month, manager