Top-Performing Japan Fund Favors Banks on More BOJ Rate Hikes

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Evarich Asset Management, whose Japan-focused fund has beaten 96% of its peers this year, is considering increasings its stakes in the nation’s lenders and construction companies after the central bank ended negative interest rates.

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Bank of Japan's rate hike sets 'positive backdrop' for Japan equitiesFor the first time in 17 years, the Bank of Japan has hiked interest rates, up to a range of 0% to 0.1%. In response, the Yen has begun to slide against the ...
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