The manager of the Matthews Japan Fund, which ranks No. 2 among all 13 Japan-focused U.S. mutual funds, is purchasing stakes in Japanese financial-services companies in order to churn a profit, The Philadelphia Inquirer reports.

Basing his move on increases in investing and consumer lending, the manager, Mark Headley, said a change in landscape has changed the strategy of his company, San Francisco-based Matthews International Capital Management.

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