Nikko AM Japan Value fund's Aoyagi eyes Nikkei's 'growth transition'

The Japanese market is poised to benefit from a reversion to value and the shift to green industries, according to manager of the Nikko AM Japan Value fund Shigeru Aoyagi, who argued the mature, cyclical Nikkei is in a transition period to a growth market.

Speaking to Investment Week via a translator, the manager of the ¥10.4bn (£68m) fund explained that ever since Japan's asset bubble in the late 1980s, the Nikkei 225 has experienced "30 years of underperformance"...