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| Latest Return | |
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| Fund Overview | The Fund seeks to profit from trading securities which are primarily subject to corporate events or from trading-related securities which the Investment Manager believes are mispriced by the market. The Fund invests in securities that are listed on Asian stock markets and other markets where related securities may be listed and in securities which are listed on markets outside of Asia where more than 70% (by assets or earnings) of the underlying business originates from an Asian country. The Fund aims to generate consistently positive returns which have a low correlation to the Asian stock markets. The objective is to generate 10-20% pa with a standard deviation of 6-10% |
| Manager Comments | Since inception has recorded beta of -0.03 and a correlation of -0.1 using the FTSE-Asia Pacific Total Return Index since inception. Over the quarter Capital Management and M&A strategies made significant contributions to the positive performance, with considerable gains made from positions in Australia, Japan and Thailand. The Fund maintained an average gross exposure of 169%, reflecting the strong opportunity set across Asian corporate events, whilst keeping an average net exposure of 12.5%. |
| More Information | » View detailed profile of this fund |
