Artemis: Four investment myths about Japan

With Japan having announced a long-awaited programme of aggressive easing policies this morning, Artemis Global Select manager Simon Edelsten details four myths about investing in the country.

1) For years there's been no money made from investing in Japan. So why bother? This problem often arises from charts showing the performance of the Nikkei. Normally it's shown in yen, thus negating the small matter of the yen's strength over the last decade. If you had invested in the Nikkei in sterling, it would have performed much like the S&P or the FTSE All-Share. 2) There have been two lost decades of stagnation. We have no rebuttal for the 90s, but since 2000 Japan has delivered growth in GDP per capita similar to that of other developed countries. GDP in Japan has not c...