on target


The Wessex Asia Pacific Fund has a habit of hitting its targets. Aiming for annualised net returns between 12% and 15%, it has generated 12.96% per annum between its inception in December 2000 and 31 October last year.

Tim Weir, director and co-manager of the $102m Asia Pacific ex-Japan portfolio, is upbeat on the outlook for its stock universe. "Our macro view of Asia is very positive," he says. "At the global level, liquidity is very helpful, as is recovery in the US. Our remit is Asia Pacific,