News

Abenomics raises hopes for Japanese equities

Japan_equitiesThe reforms of Japanese leader Shinzo Abe have emboldened equity investors to take overweight positions in Tokyo-listed equities. Columbia Threadneedle Investments changed its view of Japanese equities to “strongly favour” and raised its allocation, which was already overweight. “Despite a stellar 20% total year-to-date return (in excess of global equity returns, in dollar terms), Japanese stocks continue to trade at a discount to global stock indices,” said Toby Nangle and Maya Bhandari from the company's multi-asset team. Abe's election win makes it likely that Haruhiko Kuroda will be installed for a second term as governor of the Bank of Japan, they said. His second term is expected to reassure markets. Katsunori Kitakura, lead strategist at Japanese asset manager Sumi Trust, was also optimistic about equity returns. “We expect the stock market to remain steady in 2018, driven by key drivers including further progress in structural reforms under a highly stable political environment in Japan, continued monetary easing and stable exchange rate movements,” he said. ©2017 funds global asia

Sponsored Profiles

Sponsored feature: Asset allocators – How do you track your decisions?

Apr 06, 2020

Mark Barry, Head of Asset Allocation at Milestone Group, explores how a simple question can highlight opportunities to automate and streamline your asset allocation investment process.

Sponsored feature: How is DLT changing the global securities services landscape?

Oct 17, 2019

By Jeslyn Tan, global head of product management, securities services, at Deutsche Bank

Sponsored feature: A new base for fund distribution

Oct 16, 2019

To get the most value out of the digitisation of investment fund distribution, a blockchain-based infrastructure is fundamental. By Olivier Portenseigne, Managing Director and Chief Commercial Officer, Fundsquare.

Sponsored profile: Bridging the gap

Mar 11, 2019

Private equity is a core part of the business for Caceis’ Hong Kong office, which looks after clients in China and Europe. David Li, chief executive officer, explains why private equity enjoys strong client demand and how it is being used to fund China’s international infrastructure ambitions.

Executive Interviews

Executive interview: ‘China is the 800-pound gorilla’

Aug 04, 2020

Just over a year into his new role, Wai-Kwong Seck, chief executive officer at Eastspring Investments, discusses his business goals, the Covid-19 pandemic and China.

Executive interview: Understanding geographies

Apr 06, 2020

Margaret Harwood-Jones, co-head financing and securities services at Standard Chartered, shares her insights on platform standardisation, opportunities in Asia and regulatory change to encourage...

Roundtables

Hong Kong roundtable: A ‘fragile Goldilocks situation’

Apr 06, 2020

With the global economy at a crossroads, our panel of experts share their thoughts on the market conditions, geopolitical volatility and growth opportunities. Chaired by Romil Patel in Hong Kong.

Singapore roundtable: A horizon to hold long-term assets

Dec 12, 2019

Panellists discuss the geopolitical fractures concerning asset owners, Singapore as a hub for fintech start-ups and why it makes sense to raise capital from a Variable Capital Company (VCC). Chaired by Romil Patel in Singapore.