Wider Asian funds beat China competition

Despite heavy China weightings driving performance among Asian funds, only one single country fund investing in the region is in the top five portfolios over three years

The conventional wisdom that China is leading Asian growth is not particularly evident in the Asia Pacific ex Japan sector where only one fund invested solely in the country made the top five over the last three years. That said, the Gartmore China Opportunities fund makes far and away the sector's best return over three years to 9 September, producing some 121.83%, bid to bid, against a peer group average return of 82.72%. Such a return represents a 10% total lead over the sector's next best performer, the more diversified Martin Currie Asia Pacific fund, which returned 111.44% on the s...