Asia gains from domestic growth

Far East equity and Pacific ex-Japan funds have faced a volatile time over the past three years. International markets and exposure to the technology and the internet bubble have caused downward pressure, while growing domestic demand in the region has provided a boost. Some of the best performers have been funds of funds that have been able to diversify away much of the risk. The OAM Asian Recovery fund, which was launched during the Asian crisis in December 1998, has been one of the best in the asset class over the past three years. Between 10 January 1999 and 10 February 2000, the fu...