Asia Pacific strong for investment trusts

For those including Japanese stock the figure is lower, but still above the average at 19%. The sector is also experiencing hefty discount widening; the excluding Japan market is up from 5.3% last year, to 9% at the end of May while including Japan is up from 7.1% to 10.7%. Martin Currie Pacific trust manager John Millar says it is an exciting time for Asia. “Our portfolio is currently biased in favour of growth companies, with particular concentration in Hong Kong, Korea and Malaysia,” he says. Millar invests in Japan, but has dropped his holdings in the region from almost 55% 18 month...