Smaller funds outperform bigger rivals: Middle Kingdom rules Asia with 73% return in past quarter
Article Abstract:
Smaller mutual funds are outperforming more popular large funds in Asian markets. Nine of the top ten Asian mutual funds has less than $15 million invested for the most recent quarter of 2000, with Polaris Asset Management Ltd.'s Middle Kingdom Fund offering a 73% return. Part of the reason small funds perform better may be because they cannot afford to invest in new Internet economy stocks.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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Some Asia fund investors are thinking big
Article Abstract:
The Asian funds sector is underperforming, especially small-cap Asian funds which are down 26% compared to large-cap Asian funds which are down 21%. Investors are wary of Asian markets, and it is difficult to persuade them to invest in small-cap funds because they are traded less than those of larger companies. In contrast, small-cap funds are becoming more popular in the United States and Europe.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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Fund firms defend closures
Article Abstract:
Some mutual fund traders halted trading in all funds after September 11, not just trading in funds where the markets were closed. Although critics say that halting all fund trading made no sense, the companies that did suspend trading say that the closure of United States markets following September 11 made it impossible to assess fair valuations anywhere in the world. Some observers say that if markets were open, it was wrong for traders not to grant their clients access to those markets.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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