John Chatfeild-Roberts ventures into Japan as contrarian call

Jupiter's multi-manager head John Chatfeild-Roberts has built up Japanese equity exposure and ventur...

Jupiter's multi-manager head John Chatfeild-Roberts has built up Japanese equity exposure and ventured into corporate bonds, expecting the battered sectors to resurge. Chatfeild-Roberts has added Japan exposure across his £2.46bn Merlin range via Morant Wright Japan and Jupiter Japan Income. He said Japan delivered the best April return in 15 years, with the Topix rising 12% in yen terms. "Our view is that Japan continues to be a compelling contrarian investment, with global asset allocators generally underweight in the country and most of the bad news now priced into valuations," he ...