Young tops sector with St James's Place fund

Hugh Young has two strongest performers in Asia inc Japan with his St James's Place and Aberdeen funds

The Asia Pacific including Japan sector is topped by the St James's Place Far East fund over three years to end January, with the product posting bid to bid gains of 60.78% against the 54.99% average. Launched in January 1992 and managed by Aberdeen Asset Management's Hugh Young, the £249m offering also boasted the highest annualised alpha during the period under review, posting 2.06 against a sector mean of 0.11. Young, also manages the Aberdeen vehicle in the sector, which was second in the peer group on a return of 60.44%. He believes the objective of generating consistent investment ...