But funds that own significant stakes in Japan do not look good today.

The fund is looking valuable now, as salaries and wages are likely to be cut.

But with dampened expectations, funds and their investors can look forward to growing old together.

Bankers say funds are looking at the sector with an eager eye.

One manager said this week that his fund had been looking closely at reinsurance.

In some ways, the fund looks like a money market fund.

His fund will look to invest in companies with sales of at least $50 million a year.

So the funds are looking for gold in the garbage heap.

Q. Can you tell us which funds look especially good to you these days?

The stocks these funds are looking at are also different.