The Japanese equity market rose in December, with the TOPIX (w/dividends) climbing 1.57% on-month and the Nikkei 225 (w/dividends) rising 0.32%. The market seesawed in the first half of the month on a mix of positive and negative factors. While stocks were initially weighed down by heightened risk aversion stemming from uncertainty around the relationship […]
Ernst Glanzmann, head of Japan equities at GAM, explains why he believes only old-fashioned, bottom-up, long-term investing leads to sustainable outperformance. Japan offers plenty of opportunities for equity investors: Its companies are world-class in the areas that will define the world of tomorrow, including precision manufacturing, factory automation, assisted driving and robotics. But instead of […]
Amundi strengthens its Japanese equity range by adding four new share classes on the ETF tracking the Topix index. Two of them will be unhedged, one in euros and one in yens. The remaining two will be daily hedged share classes in dollar/yen and pound/yen. The Topix index is a free-float adjusted market capitalisation-weighted index including companies listed […]
Michael Wood-Martin, fund manager at Henderson Global Investors will speak on the outlook for Far East Asian equities when he takes part in the upcoming InvestmentEurope Fund Selector Equity Focus on 20 October. With questions persisting around Japanese prime minister Shinzo Abe’s so called third arrow of his Abenomics strategy, and its attempt to introduce […]
When the Tokyo Stock Exchange itself asks to meet you to hear feedback on its governance code, you know something is afoot. This is what happened to me a couple of weeks ago, for the first time after twenty years of covering Japanese Equities. The meeting coincided with June’s officialisation of the Japan Governance Code, […]
RWC is launching the Nissay Japan Focus Fund as a sub-fund to its Luxembourg Sicav, for investors who are seeking a Ucits compliant version of the existing Japanese Stewardship Fund alternative investment fund strategy. the JSF AIF was launched in 2005 as a joint venture between RWC and Tokyo based Nissay Asset Management. RWC said […]
Japanese equities have not offered investors great joy over time – indeed the Topix index’s flat performance this year may cause some celebration compared to the longer term – but fund managers there received at least three pleasant surprises since January.
Investors are starting to rethink their attitude to the middle and back office technology including the systems that support the trillions of financial deals done across the world daily.