Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Invesco Perpetual Japan

Ranked 50 out of 74 in - Japan over 12 months
All calculations are in GBP

Managed by

Paul Chesson

Japanese market guru Paul Chesson prefers not to restrict himself to a particular investment style, choosing to combine top-down and bottom-up techniques. He places strong emphasis on a firm's fundamental value together with its prospects for growth when stocking his portfolio. He adopts this strategy for the management of the Invesco Perpetual Japan and the Dublin-based Invesco Japanese Equity Core fund. He is also responsible for the Japanese content of various international funds. Born in December 1967, Chesson graduated in Law from Oxford and is an Associate of the Institute of Investment Management and Research. His began his career in 1990 with Touche Remnant as an analyst before he made the fund manager grade at the group. In 1993 he was snapped up by Perpetual, which was acquired by Amvescap in 2000 and rebranded Invesco Perptual, with Chesson fronting the entity's Japanese equity team.

Tony Roberts

Tony Roberts is an equity manager at Invesco Perpetual having joined the company in 2000. Prior to joining Invesco Perpetual, Tony served as a fund manager at Clerical Medical between 1995 and 2000. Currently based in Henley-on-Thames, he holds a BSc in Mathematics from Southampton University and is a member of the CFA Society of the UK.

Objective

The fund aims to achieve capital growth in Japan. The fund intends to invest primarily in shares of companies in Japan, although it may include other Japanese related investments. In pursuing this objective, the fund managers may include investments that they consider appropriate which include transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions.

Performance

Japan over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 -3.0% -8.9% 4.0% 2.3%
2013 31.0% 20.5% 6.3% 0.8% 1.5%
2012 11.5% 17.4% -10.6% -10.9% 19.1%
2011 -25.1% -9.6% -0.8% -12.4% -4.6%
2010 13.8% 18.0% -12.6% -5.6% 16.9%
2009 24.4% -0.5% 14.0% 11.9% -2.0%
2008 -1.1% -6.7% 1.4% 1.3% 3.2%
2007 -5.6% 4.1% -7.6% -2.3% 0.6%
2006 -5.0% 3.6% -7.3% -0.4% -0.7%
2005 30.8% -1.1% 1.6% 10.0% 18.4%
2004 6.8% 8.3% 0.5% -4.4% 2.6%
2003 19.4% -4.3% 6.5% 17.9% -0.6%
2002 -10.9% 8.5% 2.8% -12.2% -9.0%
2001 -30.7% -0.6% 5.7% -23.3% -14.0%
2000 -26.0% -6.9% 0.3% -9.5% -12.4%
1999 94.6% 29.9% 19.0% 11.7% 12.7%
1998 16.4% 8.2% -0.7% -13.4% 25.2%
1997 -24.4% -5.5% 21.0% -13.6% -23.5%
1996 -28.4% -0.5% 1.4% -8.2% -22.8%
1995 4.1% -3.0% 7.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2014

Top 10 Holdings

Stock Size
Honda Motor Co Ltd ORD 5.41
Sumitomo Mitsui Financial Group Inc ORD 5.12
East Japan Railway Co ORD 5.08
NTT Docomo Inc ORD 5.07
Canon Inc ORD 5.06
Mitsubishi UFJ Financial Group Inc ORD 5.03
JFE Holdings Inc ORD 4.36
Nissan Motor Co Ltd ORD 4.10
Resona Holdings Inc ORD 4.09
Mitsui OSK Lines Ltd ORD 3.75
31/08/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date09/05/1988
  • Share Class size319Mn
  • Base currencyGBP
  • ISIN GB0033028118

Purchase Info

  • Min. initial investment500
  • Min. additional investment20

Charges

  • Initial investment5

Related News

OakTree Wealth’s Brady: the party is over

OakTree Wealth Management founder Ian Brady traded emerging market exposure ahead of this summer slide for European and US equities, but is wary about the current run in risk assets.

Invesco Perpetual Japan

Fund of the Week: Invesco Perpetual Japan

Markets have settled a little following the recent EU summit and even the most recent banking scandal has failed to derail the general uptick.

My Favourite Funds: Charles Stanley's Bevan's top buys

In the first of our new monthly series, Charles Stanley's head of funds research Shauna Bevan discusses the funds which have provided some protection during the summer's volatility.

The change of prime minister is not enough to save Japan

It may be all change at the top in the Land of the Rising Sun, but don't expect significant change given Yoshihiko Noda has become the country's fifth prime minister in as many years.

Japan managers divided over BoJ’s Yen intervention

The Bank of Japan’s currency intervention this week - its first in nearly seven years - was inevitable and went some way to halt the rise of the Yen but managers in the space are divided as to whether it represents a meaningful shift in policy.

Chesson: The Japanese bear market is over

The Japanese bear market of the past 20 years is over, according to Invesco Perpetual Japan manager Paul Chesson, who points to a stock market is too cheap and improving corporate profitability.

Risk Budget: Who is adding alpha in Japan?

It says something about the human capacity for optimism out of 84 funds in the Japan sector, just four are above water in the past three years

The fund managers who beat the crunch

How Chris Taylor achieved staggering returns while his peers were clocking up losses.

Sector watch: Taylor bucks Japan trend with canny bet on yen

Success stories were scarce last year but Chris Taylor’s Neptune Japan Opportunities fund bucked the trend, delivering a blistering 81.69% return.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).