Eight of the 10 highest-performing funds came from the sector, with Matthews China returning 10.43%.

Eight of the 10 highest-performing funds came from the sector, with Matthews China returning 10.43%.
China is down 16.9% so far this year, and accounts for 30% of the MSCI Emerging Markets index.
Mandy Lui is due to join the investment manager in mid-August in Hong Kong, while Dennis Quah joins today in Singapore.
PineBridge’s Hani Redha explains why fading momentum from China’s reopening is not a major concern.
Initial expectations were ‘almost certainly too high’, but there are opportunities in particular sectors.
Below-trend GDP and the uneven effects across sectors and geographies have complicated matters for investors.
China wants to accelerate the development of its own artificial intelligence technologies, but investors need to focus on how they can be monetised, says Fidelity International.
With financial markets oscillating between resilience and fragility, Fidelity International supports a lower risk appetite while tapping into undervalued opportunities.
Desiree Wang is a replacement for Eddy Wong, who has been appointed Apac head of institutional business.
The new fund will invest primarily in China A-shares, and equity securities of mainland Chinese companies listed on the local bourse, as part of its objective of long-term capital appreciation.
Part of the Mark Allen Group.