There were net inflows to open-end funds in Japan of ¥948.4bn in August, Morningstar data show.
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There were net inflows to open-end funds in Japan of ¥948.4bn in August, Morningstar data show.
Most Japan equity fund managers investing internationally have a hard time outperforming their indices over the long term, according to S&P Dow Jones Indices’ semi-annual SPIVA Japan report.
FSA compares two Japan index products from the industry’s two giants: the iShares Japan Equity Index Fund and the Vanguard Japan Stock Index Fund.
Global investors are fleeing Japan’s equity market swiftly – the Nikkei saw all its gains for 2015 erased earlier this week – but Nikko Asset Management views the pullback as an opportune entry point into a growing economy.
Part of the Mark Allen Group.