Schroders has changed the benchmark of its £526m Asian Alpha Plus fund managed by Matthew Dobbs (pictured).
The fund will see its benchmark switched from the MSCI AC Far East ex Japan index to the MSCI AC Asia ex Japan index, effective from 5 October. A Schroders spokesperson said: "The current benchmark...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday