Schroder re-opens its Japan Alpha Plus fund

The £147m Schroder Japan Alpha Plus fund, managed by Nathan Gibbs, has re-opened to investors for the first time since 2004.

The reason for re-opening the fund is an increased level of investment opportunity in Japan, says Robin Stoakley, managing director at Schroders. He says limited new inflows can now be accommodated without undermining the performance of the fund.

The Schroder Japan Alpha Plus fund, launched in December 2000, is a concentrated portfolio of best ideas, typically holding 30-40 stocks.

It ranks first out of 43 funds in the Investment Management Association Japan sector since launch, according to Morningstar.

Over five years it ranks top quartile, returning 40.85%, compared with the Japan Tokyo Stock Exchange First Section benchmark return of 22.04%. The fund is overweight retail and industrials.