By Robert Maharajh A terrible 12 months for investors in Asian markets has wiped out the gains of...
By Robert Maharajh A terrible 12 months for investors in Asian markets has wiped out the gains of the previous year, leaving the three-year average for funds investing in the region pretty much flat. The three-year average return for the sector is barely in positive territory, with the arithmetic mean at just 1.69%. This breaks down as -27.08% over one year, 73.44% from March 1999 through February 2000 and -18.93% from March 1998 through February 1999. The Singer & Friedlander Tai Pan fund, soon to be renamed the Asian Growth fund, has achieved relatively strong returns, with...
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