Insight on some of the key themes in the portfolio and companies we own, including a few new holdings that were added recently.
The First State Japan Equity Fund recently marked its one-year anniversary in February 2016. Over the course of the year, we continued to expand our research coverage, visiting over 300 companies and carrying out in-depth analysis to identify attractive investment opportunities.
In the second of our Japan equities updates, we provide further insight on some of the key themes in the portfolio: ongoing industry consolidation; the rise of the Chinese consumer; and corporate restructuring to improve shareholder returns. This includes an update on some of the companies we own and a few new holdings that we added. We also review the performance of the fund and identify the main contributors to performance over the period.
Please click "Download PDF" for full article
