APS Asset Management, a WIOF manager, has recently won the Best Performing Fund Award in the “Asia including Japan” category AsiaHedge Awards 2010 in Hong Kong. This gives credence to the fact that the APS team’s adherence to its fundamental, bottom-up research process without being influenced and distracted by the macro forecasts and noise in the market in the last 3 years has brought it dividends. It is this belief in its investment process and the discipline of its investment team that has guided it through both tough and easy times.

WIOF would like to take this opportunity to congratulate APS and its management on its success and that may it continue to build on this into the future.