What do wealth managers think of Japan's prospects?

SPECIAL REPORT

Japan's equity markets have enjoyed a strong rally since the December 2012 election of Prime Minister Shinzo Abe and his announcement of a three-pronged package of measures aimed at stimulating the economy, dubbed ‘Abenomics'.

The Nikkei 225 surged 46.21% to May on the back of the ‘three arrows’ plan. It includes a 2% inflation target and ¥10trn (US$100bn) stimulus package which has successfully weakened the yen. The market has since pulled back, leaving the Nikkei with a total 27.8% return year-to-date as investors question whether the government can follow through on the delivery of its third and most important arrow, which focuses on structural reform of the economy. Annabelle Williams speaks to six wealth managers to see how Japanese equities fit into their clients’ portfolios.   Guy Foster and Andre...