More domestic equity funds in Japan outperformed their benchmark indices than foreign equity funds, according to an S&P Dow Jones Indices report.

More domestic equity funds in Japan outperformed their benchmark indices than foreign equity funds, according to an S&P Dow Jones Indices report.
But Eastspring and Pinebridge had some of the highest outflows, according to year-to-date figures from Morningstar.
The deal will help the Swiss firm access more local high net worth clients.
Most investment into Japan goes into the more famous names, but local companies are undergoing the real revival, says Shigeka Koda, CEO of Singapore-based Four Seasons Investments.
Assets in foreign investment funds in Thailand soared 60% to $17bn this year compared to 2016 as Thai investor appetite for global funds continues to rise.
Manila-based Security Bank Philippines has launched two feeder funds that invest in low cost ETFs managed by Vanguard.
Manulife Asset Management and Trust has launched two fund products in the Philippines that invest in Asia-Pacific markets.
Operations in Taiwan and Korea, increasing its stake in its China joint venture and launching more products across Asia are among the firm’s aspirations in the region, according to the firm’s executives.
The top performer was the PineBridge Japan Small Cap Equity Cl Y USD
Eastspring Investments has reached an agreement to acquire 65% of Bangkok-based TMB Asset Management from TMB Bank, with the option to increase its ownership to 100%.
Part of the Mark Allen Group.