Japan

Long the Western bond markets…for the time being

Michael Hasenstab, Franklin Templeton's co-director of international bonds, is shorting the yen on expectations it will weaken against the US dollar as the Japanese authorities prepare to print money.

JAPAN

HSBC has launched an MSCI Pacific ex Japan ETF listed on the London Stock Exchange.

FUND MANAGER FOCUS

ON JAPAN

The yen is higher against major currencies today despite the Japanese Government unveiling a ¥920bn stimulus package and the BoJ extending an additional ¥10trn of lending to banks.

The yen has hit a 15-year high against the US dollar against a backdrop of inaction by the Japanese Government.

ASIA

ASSET ALLOCATION