Jupiter takes strong stand in traditional Asia stocks

The Jupiter Far Eastern fund has cut back on its exposure to Japan, even though the group is positive on good value opportunities available within the market. Fund manager Lynne Ross, speaking at the group's London roadshow last week, said in the past couple of weeks the Japan weighting has been moved to 50% from a 55.26% position as at the end of June. Weightings in Hong Kong have been increased over the past few weeks, moving from 16.32% position at the end of June to more than 23% currently. The fund's position in Japan is high but is still well underweight the benchmark weighting of...