Chris Wood's ex-Japan portfolio dips 1.6% in Q1FY19, drops Vedanta

Yet, it was able to outperform the regional index - MSCI AC ex-Japan - that declined 5.6 per cent last quarter on a total-return basis

Life has not been easy for even the best of global fund managers over the past few months, who have struggled to generate a healthy / positive return for investors in the backdrop of trade war fears and rising oil prices.

In his latest weekly note to investors GREED & fear, Christopher Wood, managing director, equity strategist at CLSA says that his ex-Japan long-only portfolio declined 1.6 per cent in the last quarter (first quarter of financial year 2018-19 i.e. Q1FY19) in US dollar terms. Yet, it was able to outperform the regional index – MSCI AC ex-Japan – that