Hideo Shiozumi, manager of the £327m Legg Mason IF Japan Equity fund, expects the bull market in Japan to continue for another five years, but does not see the Nikkei scaling its previous all-time high.
The manager told Investment Week the Japanese equity market is only in the second stage of its multi-year recovery, and will enter the third stage by 2017, and the final leg in 2019-2020. Japan: A new...
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