Asia Pacific prospers despite Japanese lag

All eight funds in the IMA Asia Pacific including Japan sector delivered returns higher than 29% over one year according to Morningstar

While Japan was one of the worst-performing equity markets of 2009, rising only 6.3%, most Asian economies have seen higher growth. This was driven by the Chinese Government’s huge fiscal stimulus that supported its manufacturing and export sectors. Over one year to 8 January the IMA Asia Pacific including Japan sector gained 44% with all eight funds delivering returns higher than 29% and the top two up more than 57%, according to Morningstar. Richard Sennitt’s £52m Schroder Asia Income fund tops the sector over three years, up 57.9% compared to an average increase of 44%. Over 12 mon...