Japanese funds outperform their peers

Japanese equity unit trusts and Oeic funds were the UK's strongest performing funds over the three months to the end of March, according to Lipper's monthly Fund Market Insight report. Despite that, redemptions from the two sectors have been among the heaviest from the UK and Oeic universe. The sector average return in the Japan and Japanese smaller companies sectors were placed first and second for the period, up 12.33% and 10.54% respectively on a total return basis. In addition, in April, Japanese smaller companies funds achieved the best performance with sector average fund ret...