The Bank of Japan's 5trn ($61bn) asset purchase programme helped lift the Nikkei to a one-year high in March. But since then it has slid 11.8% on fears about the global economy. Yet Chern-Yeh Kwok, manager of the Aberdeen Global Japanese Equity Fund, tells Investment Week that "despite the headwinds" it's still possible to make strong returns.
Kwok's £152m fund boasts a three-year annualised performance of 5.82% against a benchmark of 0.65% and a sector average of 1.2%. It is also in the top quartile over one, three and five years. So far in 2012 it is up 13.04% against a sector average of 11.86%.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Aberdeen Global Japanesetop ten holdings
| Canon Inc | 6.5% |
| Shin-Etsu Chemical Co | 6.1% |
| FANUC Corp | 5.2% |
| Keyence Corp | 4.6% |
| Honda Motor Co | 4.5% |
| Bank of Yokohama | 4.1% |
| Unicharm Corp | 4.0% |
| Astellas Pharma | 3.9% |
| Toyota Motor Corp | 3.9% |
| Nabtesco Corp | 3.5% |
-
Can I inherit my partner's ISA? – little known tax break can boost your allowance by thousandsInheriting a partner’s ISA is fairly simple and comes with special advantages if you’re married or in a civil partnership – knowing what to do with it, however, isn’t always as straightforward
-
Can AI results boost Microsoft and Meta’s shares?Alphabet and Tesla’s stock saw contrasting movements after last week’s earnings. This week, Microsoft and Meta’s reports are followed by Amazon and Apple’s.
