Commodities, hedge funds outperform in Malaysia
Investors are now paying close attention to Malaysian corporate earnings as mutual funds in the country post further gains, according to data provider Lipper.
Mutual funds registered for sale in Malaysia posted an average return of 0.73% in August, bringing the average gain for the first eight months of 2009 to 20.03%, according to Lipper. All fund types delivered positive returns in the January-to-August period, led by equity funds which were up an average of 35.05%, while commodities and hedge funds did particularly well in August.
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