Japanese equity funds have had a disappointing 2000, with the vast majority of them losing value thr...
Japanese equity funds have had a disappointing 2000, with the vast majority of them losing value through the year. Those funds that managed to show a positive result despite horrible market conditions made a strong shift away from technology at the start of the year and started scouring the broader market, choosing companies on a bottom-up basis. James Pulsford, manager of the Deutsche Japan Capital Growth fund, which came second over one year to 1 November 2000 in the Japan sector says: "We are entering into a period of investment adjustments. We started the year with a new economy large...
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