Japan defines performance over sector

Over the past three years, weightings in Japan have proved critical to performance of funds in the Asia Pacific, including Japan sector

Weightings in Japan have proved a defining catalyst for fund performance in the Asia Pacific including Japan sector over the past three years. The Smith & Williamson Far Eastern Trust, formerly known as Nucleus Far Eastern Trust, tops the sector over the three years to 5 November returning 92.07% against a sector average of 76.36%. It beat Invesco Perpetual Pacific, which returned 79.08%, into second place, followed by Legal & General Far Eastern Trust, up 71.49%. The £29.3m Smith & Williamson vehicle has been managed by Jane Andrews since 1996 and she pointed to Japan as a defining m...