“The Japan sector has been performing strongly, up 23 per cent over the past year, making full use of the investment company structure with an average of 14 per cent gearing in place.
“It’s been a barnstorming year for the UK Smaller Companies sector, up 49 per cent over the past year as smaller companies bounced back from the Brexit buffeting a year ago.”
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Taha Lokhandwala is deputy editor of Investment Adviser
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