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Money Notes

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Why you can trust SCMP
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INVESTORS in the Quantum Emerging Growth Fund have seen their money more than double over the last year.

According to a report by statisticians Micropal, the fund has seen a 103.34 per cent rise over the last year.

In their Emerging Market Fund Monitor newsletter, Micropal maintains that due to the secretiveness of the fund's managers - New York-based Soros Fund Management - pin-pointing which markets or stocks contributed to the performance is difficult.

But according to the fund's June quarterly report, the fund's largest equity exposure was in Asia - which exceeded Latin America by a margin of over 2:1.

HONG Kong's first regional stamp exhibition will be held in February next year, in celebration of the territory's stamp history, which dates back to 1862.

The exhibition, called ''Hong Kong '94'' is expected to generate a significant amount of interest among stamp collectors. Four hundred frames of exhibits will be displayed.

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