Bloomberg – Sparx Asset Management Co.’s Tadahiro Fujimura led a 26 percent return for his Rising Sun fund this year, the best performer in the Asian market with the worst returns for smaller companies.
The 1.2 billion yen ($14 million) fund, also known as Sparx Japan Small Cap Fund, ranks top among the 25 funds that invest in the nation’s small-cap stocks, according to Bloomberg data.
Japan’s small caps, which generate about 80 percent of sales in the domestic market, stand to benefit as a surging yen cuts costs, Fujimura said.
