Japan remains a cyclical market due to its large exposure to global manufacturing sectors relative to other major markets, as well as relative to its own economy.
Equity markets across the globe have staged a come-back after falling into a bear market earlier this week, boosted by hopes of further stimulus measures from the ECB and a 6% rise in oil prices.
FTSE 100 dipped below 5,685 points
With growth low but erratic and inflation well below the Bank of Japan's target rate of 2%, the achievements of Abenomics are looking distinctly limited.
Investors had to negotiate challenging times in 2015, but which sectors were the ones to back, and where was best avoided?
Trading on China's Shanghai Composite index was halted in the first session of 2016 after shares plunged 7%.
Gibbs to relocate to London
Eclectica founder Hugh Hendry explains why Japan should still be a mainstay of investors' portfolios, and why he would not be surprised if the country is pushed into more radical actions in the future.
Investment Week asks managers where they believe the best opportunities and key risks lie in the forthcoming 12 months.
Japanese redemption offset flows into convertibles