In 2009, we felt quality Japanese companies were too cheap and as we start 2010 our view has changed very little.
Legg Mason Equity Japan manager expects trend favouring domestic-oriented small-cap growth to continue
Investor keenness in sector pushes prices up sharply but long-term case remains intact
With some justification, investors took an increasingly positive view of the prospects for most Asian markets last year.
All eight funds in the IMA Asia Pacific including Japan sector delivered returns higher than 29% over one year according to Morningstar
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Scottish Widows Investment Partnership (SWIP) is spending to scoop up some of the world's least popular assets.
Skandia Investment Group (SIG) has started the year overweight equities in expectation of a continuing market rally in 2010.
Japan's economic recovery has proved to be anaemic in 2009 and it is a great surprise the market has underperformed its Western counterparts and the Asian markets.
Gartmore plans to merge its £23.6m Japan Opportunities fund into its new Japan Absolute Return fund.