Fidelity seeking FAST Japanese returns during volatility

Group's June-Yon Kim believes region's current political and economic unrest will create opportunities for its recently launched long-short fund

Japan's position as a net exporter makes it ideally placed to maximise returns in the current volatile economic environment, according to Fidelity's June-Yon Kim. Unveiling details of his recently launched FAST Japan fund, the manager said Japan's economic and political unrest creates lucrative opportunities for his long/short vehicle. He believes the region's natural resources and energy stocks are currently better placed than financials and consumer discretionary, as they can pass on pricing power within the value chain. "Japan underperforms against the rest of the world. It has no ...