Advisers shun Japan equities despite their strong performances

Advisers are avoiding Japanese equities in favour of corporate bond funds despite Japanese smaller c...

Advisers are avoiding Japanese equities in favour of corporate bond funds despite Japanese smaller companies returning over 11% last month. Data published this week from Fidelity FundsNetwork shows that although Japanese equities were the best-performing sector advisers fled to income-producing investments last month, mainly corporate bond funds which offered historic high yields of 9%. The top three best-selling funds through Fidelity FundsNetwork last month were: the Invesco Perpetual High Income fund; the Invesco Perpetual Income fund and the Invesco Perpetual Corporate bond. Meanw...