Foreigners gain Japan fund marketshare

London-based Cerulli Associates is releasing a report at the end of this month revealing that foreign and joint-venture asset managers have won a larger slice of the Ñ235 trillion Japanese fund management market, up from 16.1% to 17.5% of aggregate assets. Although it does not expect these gains to last, Cerulli does sound other positive notes.For example, net new inflows into stock investment trusts has remained positive each month for the past two years, which signals the decline of…