Ritu Vohora T. Rowe Price: Japan is gathering momentum

Economy growing strongly

Japanese equities are one of the best-performing markets year-to-date, with stocks surging to their highest since 1990.

The post-pandemic reopening of its economy, weak yen, re-opening of China, ongoing structural corporate governance reforms, attractive valuations, signs of a sustainable return of inflation, particularly wage inflation are all piquing the interest of foreign investors towards Japan. Furthermore, 'the sage of Omaha' Warren Buffett's recent visit to the country and highlighting of opportunities he sees has certainly helped provide a stamp of approval. FCA's ESG ratings launch overshadowed by Japan's winning progress The data shows that overseas investors have been buyers of Japanese ...