We are unable to predict what trends and macro forces will drive stock prices in 2017. However, in our view the strong macro headwinds which impacted Japanese equity markets in 2016 created an environment in which markets may again become focused on the fundamental value of individual stocks.
While we are constructive on Japan equities, we are not convinced by the broad-based arguments, including cheap valuations, which suggest Japan equities should be overweight in a portfolio. The first...
A question of selectivity
'Impress on senior management the importance of diversity’
Will assess regulation
Market anticipates a May hike
Aimed at investors 'willing to accept' greater risk