Bethesda, Maryland-based Monsoon Capital defied the volatile markets in May as its Monsoon Asia-Pacific Systematic (MAPS) program closed the month up +5.9% net of fees (-5.4% YTD), compared to the MSCI Asia-Pacific Index which fell by -9.8% during the same month (-0.07% YTD).

"Generally speaking, we do well when Asian markets trend up or down, typ