The Japanese yen hit a multi-year low of ¥125 to the dollar in June last year, a significant 40% decline from its peak of around ¥75 in October 2011. As a result, the weak Japanese yen drove corporate earnings to record highs in the last few years.
Europe's recovery remains choppy, slow and fragile, yet as long as it can be maintained, European high yield debt is an attractive option for investors, according to Muzinich & Co's Erick Muller.
Biotech has fallen
These are hazardous times for investors in the UK, particularly those seeking sustainable income, writes Saracen's Scott McKenzie.
The number of foreign tourists travelling to Japan has been growing strongly for four years now and shows no signs of abating, writes Fidelity's Nicholas Price.
Authorities clamping down