Hedge funds dump Japanese stocks in September, Goldman Sach says

Global hedge funds have been selling off Japanese stocks in large numbers, taking advantage of the strong performance of the Asia market and the weakening yen against the US dollar. This has resulted in the highest monthly selling of Japanese equities in the past year. Hedge funds have reduced their exposure to Japan, reversing the trend of foreign flows moving out of China and into Japan. Despite this, Japanese stocks have still outperformed major global equities this year.