Mongolia comes into play for Sector


In one of the few Asian markets to generate a significant number of positive returns for hedge funds in January, the Sector Zen Japan equity fund rose 2.42% for the month, largely due to long side gains in the broader industrials segment. Stocks in the small- and mid-cap machinery space played catch-up to the stellar performance of the larger names within the sector, explains Sector Asset Management’s Trond Hermansen.

Top names such as Taiyo, Nippon Pillar Packing, Fuji Machine, Sodick and Sintokogio all performed strongly on the back of rising orders and earnings. Other notable contributors in January