Japan focus from BFS split caps trust

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Around 55% of BFS Asian Assets split capital investment company, which is due to list next month, wi...

Around 55% of BFS Asian Assets split capital investment company, which is due to list next month, will be invested in Japanese and Asian equities. The split within this part of the portfolio will be 70% Japan and 30% Asia. Jade Absolute, which is running this part of the portfolio, said the bias towards Japan was "inevitable". Stephen Swift, who will co-run the portfolio with Scott McGlashan, said: "With returns having to be in yen and the portfolio being benchmarked against the Topix, it is obvious that we will have a significant exposure to Japan." He added that the split between Japa...

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