Japanese banks are shedding their "sackcloth and ashes", making them an attractive proposition, said managers of the Ruffer investment trust Steve Russell and Hamish Baillie.
In an investor update, the managers Russell (pictured) and Baillie commented on why Japan was a favoured area of investment despite it being a position they have held for a while: "Rising global bond yields,...
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Plans for transitional 'standstill' deal
Concerns over ballooning debt
Janus Henderson recruits Columbia Threadneedle's fixed income head Cielinski amid bond team restructure
Cielinski joining firm on 1 November