Comgest's Kaye: Should you bet on Japan's tortoise or America's hare?

Going long will pay off for investors

clock
Richard Kaye of Comgest
Image:

Richard Kaye of Comgest

In recent years Japan's Nikkei 500 index, the less famous sibling to the Nikkei 225, not only hit a record high but consistently outperformed the S&P 500.

Indeed, many Japanese stocks have been quietly outperforming US and other global counterparts for years, and with political tensions and Covid-19 convulsing the globe, Japan seems like a rare island of stability in comparison. Yet foreign investors have overlooked the Japanese market for around 20 years. The tide is now turning, however, with even Warren Buffett taking his first steps in the land of the rising sun. IW Long Reads: Reigniting Japan's economic recovery of Olympic proportions While the US stockmarket tends to generate the big stories, and is often considered a difficul...

To continue reading this article...

Join Investment Week

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Asia

Ken Wotton and Brendan Gulston, co-managers of the LF Gresham House UK Multi Cap Income fund

Five rules for resilience amid rocky markets

Barrage of headwinds

Ken Wotton and Brendan Gulston
clock 04 August 2022 • 5 min read
Chris Hutchinson of Unicorn Asset Management

The Big Interview: What I learned after being dropped from Hargreaves Lansdown's Wealth Shortlist

'I’ve no interest in falling out with people'

clock 04 August 2022 • 6 min read
Darius McDermott, managing director, FundCalibre

FundCalibre elite radar: ASI Global Smaller Companies

'Good contender'

Darius McDermott
clock 01 August 2022 • 4 min read
Trustpilot