Allianz RCM Japan fund hits sector pinnacle

Funds from Allianz and SocGen top sector, with respective bets on export-focused companies and unfavoured large caps paying off

High exposure to export-focused industrials, shipbuilders and machinery has pushed Kazuyuki Terao's Allianz RCM Japan fund to the top of its sector over three years. Up to 26 November, the portfolio produced cumulative performance of 29.5% against a sector mean of 9.55%, according to figures from Morningstar. Terao, who began managing the portfolio in September 2004, cites a sound investment process and high conviction stockpicking as the key factors behind his outperformance. "The fund is supported by our proprietary Grassroots research network, which provides additional information ...