Despite good absolute performance in the Japan equity market year-to-date, valuations remain attractive both on a cash earnings yield and a price-to-book basis compared to other major markets.
Importantly, we observe that improved trend earnings in Japan are being delivered and not yet being priced by the market, at a time when leverage has fallen materially. Corporate investments have fallen...
More launches planned for 2019
Assessing the impact of the vote
Annual Mansion House speech
Knockout contest by measuring each country's growth forecast
Added to MSCI Emerging Markets index