MALAYSIAN equity funds remained the top performing sector for the seventh consecutive month in October on a year-on-year basis, according to figures released by the Hong Kong Investment Funds Association.
The Malaysian sector achieved a median return of 99.79 per cent, against a 48.68 per cent increase in the Kuala Lumpur Composite Index within the period.
Hong Kong funds took 12th place, with a median return of 44.43 per cent.
The Singapore and Singapore/Malaysia equity sector again came second, with a yearly return of 94.01 per cent.
Asian and Pacific warrant funds replaced Japanese warrant funds in third place, with an annual return of 76.76 per cent.
Japanese warrant funds fell to fourth, with an annual return of 72.8 per cent.
