THAI equity funds are racing ahead of the field in the Hongkong Unit Trust Association's top 15 fund sector performance race.
The sector has offered the best return over the 12 months to the end of January, over three months and one month.
Over 12 months the median sector return was 49.4 per cent. The median return on a sector is that which has been beaten by exactly half the fund managers in the sector.
Over three months the sector has returned 14 per cent, and it has returned 15.2 per cent over one month.
Hongkong equity funds were in second place with a 26.9 per cent return over the 12 month period and only 5.2 per cent on the one-month period.
Thai equity funds beat Hongkong funds in 1992, pipping the local funds at the post with a return for the year of 34.3 per cent.
