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Stocks

Market Scramble: Individual stocks seize spotlight as Trump fever breaks

Smart-beta funds not looking so smart anymore

TOKYO -- The Japanese market trend toward financial and other shares seen benefiting from U.S. President Donald Trump's agenda has cooled for the moment, putting expert stock pickers front and center.

Eyes are on Bayview Asset Management, the maverick Tokyo firm preparing a new privately placed investment trust focusing on 40 to 50 mainly small- and midcap stocks. Starting with yield-starved regional banks and pensions, the line of potential investors stretches out the door.

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