Economic recovery should improve consumer confidence and lead to a better performing but polarised r...
Economic recovery should improve consumer confidence and lead to a better performing but polarised retail sector. In Japan, the retail sector has underperformed the market from 1 January to 10 May. Over this period the market was down 1.1% in yen terms, while the retail sector fell 13.8%. Despite this, Stewart Ivory is positive on the sector, although Japan fund manager Anja Balfour believes it is highly polarised in terms of the types of retailers and quality of stocks. There is currently lacklustre consumer spending even though retailers are benefiting from the recovering economy to som...
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