Strong yen and unstable politics are hindering Japan's progress

ON JAPAN

clock • 2 min read

Polar Capital's Gerard Cawley explains why Japanese equities are likely to remain cheap.

Travelling around Tokyo six months after the earthquake, there is little evidence of the destruction suffered by residents further up the North East coast line. Energy conservation measures mean, with air conditioning at a premium, the ubiquitous Japanese salaryman has lost his jacket and tie in favour of a polo shirt. Passing the Japanese parliament, with a new Prime Minister in office, the sixth in five years, again little evidence of crisis with politics functioning, or not, as usual. In Ginza shopping district, well-heeled Mrs. Watanabe has returned to her favourite department stores...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Asia

Aviva Investors' Wakefield: Is Japan's stock-market sugar rush sustainable?

Aviva Investors' Wakefield: Is Japan's stock-market sugar rush sustainable?

New regulations to 'improve competitiveness'

Baylee Wakefield
clock 14 March 2024 • 4 min read
 abrdn's Yeo and Kwik: Will the dragon soar in 2024 for China?

abrdn's Yeo and Kwik: Will the dragon soar in 2024 for China?

'Cause to be optimistic'

Elizabeth Kwik and Nicholas Yeo
clock 09 February 2024 • 4 min read
What happened to China in 2023?

What happened to China in 2023?

Nine experts debate

Investment Week
clock 16 January 2024 • 5 min read
Trustpilot