Japanese equity funds have come out top in the Life & Pensions Moneyfacts/Lipper regular survey.
The Japanese specialist funds sector is the best out of those covered in the survey, with an increase of more than 24 per cent in the three months till the end of November and 181 per cent in the year to end November.
The Japanese sector, which includes funds mainly invested in blue-chip Japanese shares, is the second best performer with a rise of nearly 18 per cent in the equivalent three months and nearly 92 per cent over the year.
Third place over three months is the North American specialist funds sector which gained more than 10 per cent. The third highest in the year to end November is the Far East sector, including Japan with an increase of more than 61 per cent.