Japan investment trusts mostly in the lead
“Japan investment trusts are largely outperforming open-ended funds, according to research company QuotedData. On average, Japan investment trusts focused on larger companies outperform open-ended Japan funds on an annualised net asset value (NAV) basis over one, three and five years. “We think the reason is that the managers of the investment companies are free to take a long-term view,” says James Carthew, director at QuotedData owner Marten & Co.”…….