The Horizon China fund run by Andrew Mattock and Caroline Maurer of Henderson Global Investors was the top-performing Chinese equities fund over the three years to the end of March, according to data provider Camradata, and the managers remain confident despite the fund slipping back in the three months to June amid fears of Chinese inflation.

The Henderson Horizon China fund was the No. 1 of the 13 funds tracked by Camradata over three years to March, with a return of 27.39%. This was 2.41 percentage points ahead of the No. 2 in the category and 20.68 percentage points more than the laggard, the Wells Capital China fund.