« Kenwood among contenders in expected $493 million D&M bid
Infosys fourth quarter profit rises 9.2% from year ago »

No winners among larger Japanese equity trust in fiscal 2007

HONG KONG (MarketWatch) — There were no winners among larger domestic funds invested in Japanese equities in fiscal 2007, according to a media report Tuesday. All 136 equity investments trusts domiciled in Japan and with assets larger than 10 billion yen ($99 million) had negative returns for the period, according to the business daily Nikkei, which cited data from Morningstar Japan KK. Only one of the investment trusts was able to limit losses to less than 20%, the report said. During the 12-month period the benchmark Nikkei Average shed 27.5%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by Forextvblog

This entry was posted on Monday, April 14th, 2008 at 10:42 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply