The ten Japan funds hit hardest by the sell-off

Japanese equity markets have seen double-digit falls since the start of the year as investors panic over global growth and problems in emerging markets, but which funds have suffered the most?

Investors have started 2014 in risk-off mode, fleeing from equities into cash and the perceived safe haven of bonds. Emerging markets have so far experienced the worst of the sell-off, with developed markets down more modestly. The FTSE 100 and S&P 500 indices are down 2.5% and 3.9% year to date, respectively. However, following huge gains in 2014, Japanese equities have been hit much harder: the Nikkei is down 11.2% year to date, while the broader Topix index has shed 8.7%. This sell off has hit Japanese equity funds, with all the funds in the IMA Japan and Japan Smaller Companies...