Adjusting to low growth is proving to be a painful experience. There are generations of investors who have been brought up to believe Western equity investment is the right answer for pensions and charitable funds, and for rich individuals.
Buy shares more or less any time, and hold them for long enough, and you will make money. The investment world is still equity oriented. It wants to believe that growing dividends, reflecting growing economies, will take care of inflation and a bit more. Over all but the short term, shares should give you real returns. But is it all about to change? Tokyo storm warning Since the 1990s there has been a cloud on the share horizon called Japan. Japan enjoyed great returns from shares previously as the Japanese post war miracle took off and then matured. In 1990 crisis hit, at the ve...
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