Asian equities bring market-beating returns

Move into China drives Husselbee's Neptune MM Income to top of sector, while Midas benefits from emerging markets and commodities

A bold move into the Chinese equity market and a zero weighting to North America has helped John Husselbee's Neptune MM Income fund generate market-beating returns in the Cautious Managed sector over three years. His Neptune fund tops the sector over three years to 20 August, generating a return of 49.38%. It comes ahead of one of the most diversified funds in the sector, CF Midas Balanced Income, which is up 44.42% over the period. Cazenove MM Diversity is third, up 43.58%, with has reaped rewards from its hedge-fund exposure. Chinese growth story Husselbee bought into the Chinese gro...