|
From Christine Gaylican, Opalesque Asia:
The positive performance of Asian emerging markets was felt through two weeks in October, as most indices and made moderate gains, Singapore-based financial advisor GFIA said in its latest report Research Insights, released today (Source).
“However, fatigue seemed to creep in during the middle of the month as investors begun to question the sustainability of the rally and started taking profits. Month-to-date, MSCI Asia Pacific lost -0.1%, while the MSCI Asia Pacific excluding Japan did better at 2.9%,”said the report.
The Eurekahedge Asian Hedge Fund Index was up 2.29% in September, 21.86% YTD, while the Eurekahedge Japan Hedge Fund Index was down -0.58% (but up 8.46% YTD).
Comparatively, the Eurekahedge Asia ex-Japan Hedge Fund Index was up 3.69% (est.) and 29.16% YTD - and the HFRI Asia ex-Japan Index was up 4.04% (est.) and up 31.06% YTD.
According to a communication received by Opalesque, Magnum Funds (Source) reported that its 2M Asian Absolute Return gained 4.44% net of fees in September. YTD through the end of September, the fund is up 53.64%.
Taiwan’s improving relationship with Mainland China
GFIA said the improving relationship between Taiwan and mainland China authorities provided a boost to the count...................... To view our full article Click here
|
RSS
