Growing cause for optimism in the Land of the Rising Sun

Improving prospects in Japan

The multi-manager team at BMO regularly takes part in research trips around the world in order to get real on-the-ground insights into economic movements and markets that we are invested in.

Our most recent trip was to Japan where, over the course of one week, we visited 17 fund managers, seven analysts, four companies and a government official. Value matters? Out of the broad range of fund managers we met, it was those with a value bias that offered a particularly interesting perspective this time round.  Japanese value managers, in common with their value peers globally, have had a tough time relative to growth-focused strategies over the past couple of years.  Why the impact of reducing cross-shareholdings in Japan 'should not be underestimated' Interestingly, ...