Japanese mutual funds posted their highest ever monthly investment gains in February, helped by a strong recovery in global stock markets and the yen's fall, but equities funds continued to see net outflows for a fifth straight month.
Outflows from Japan domiciled equities mutual funds may have accelerated during the month as retail investors likely squared off their exposure to equities funds after seeing a strong recovery in prices, said Investment Trusts Association Vice-President Fumio Inui. (Reuters)
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