FUND VIEW-Looking for winners in Japanese niche markets

Newswire

By Risa Maeda

TOKYO, Aug 1 (Reuters) - No one likes to own up to mistakes but fund manager Kazuyuki Terao, whose Japan Stock Neo Growth Open has beaten the Tokyo market since he took over in April 2001, admits he got it wrong with Taisei Lamick Co Ltd .

Terao bought shares last year in Taisei, a specialist maker of packaging films like those used for seasoning containers for take-out meals, but, after hitting a record high in September, they had almost halved in value to ...

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