2. Steve Glod, Banque de Luxembourg
Fund managed: BL Equities Japan B Cap
Total return over three years: 52.0%
Citywire AA-rated Steve Glod, who manages the BLI Japanese equity fund, ranks in second place over three years.
Glod joined Banque de Luxembourg in 2001 and has been in charge of Japanese equity investments for the bank’s fund range since 2011.
Featuring in the summer issue of Citywire Switzerland, the manager explained that monitoring the knock-on effects of Abenomics is a crucial step for investors in Japanese equities, particularly those looking to domestic-focused companies.
One current theme is the country's shifting demographics, which benefits niche players who can capitalise on the ageing population.
Japan’s largest security systems firm, Secom, is a case in point, offering a range of services to the elderly, he said.
Another firm well-placed to benefit from changing demographics is Japan’s largest convenience store chain, Seven & I Holdings.
Over three years, the BL Equities Japan B Cap fund has returned 52.0%, against 33.26% from the Topix TR.