China funds are worst hit in Asia Pacific peer group

Charlie Awdry's Gartmore's China Opportunities fund has lost more than 50% in past year, but still tops performance table over medium term

China funds have taken a worse hit than others in the Asia Pacific ex-Japan sectors from recent market chaos. But despite a dire year, Charlie Awdry's China vehicle still dominates the sector over the medium-term. His Gartmore China Opportunities fund has lost more over one year than it has made in three, according to Morningstar. Its 51.7% fall over the year to 10 October ranks bottom-decile, but his three-year growth of 40.1% still tops the sector. When Investment Week last reviewed Asia Pacific ex-Japan in June, Awdry was top over three years with 118.71% growth. Second best wa...