Japan

CONVERTIBLE SECURITIES

Japan's Nikkei has dropped another 2.5% overnight as equity markets move further into the red following a fresh tapering announcement from the US Federal Reserve.

Investors are better off looking away from the US for their developed market equity exposure, Cazenove Capital multi-manager Marcus Brookes has argued.

Top-performing Japanese equity manager Hideo Shiozumi has said investors should not expect another runaway 12 months for the country's stock markets until 2016.

Rathbones' chief investment officer Julian Chillingworth has labelled the apparent value in European equities ‘misleading', claiming the region is in for another year of anaemic growth.

Dalton Strategic Partnership has extended its Tokyo-based Japanese equities team after hiring Fumio Matsumoto from Japanese asset manager T&D Asset Management.

2014 Outlook

Former Barclays UK private banking head David Semaya is to join Nikko Asset Management, as CEO Charles Beazley steps down for family reasons.

Mario Draghi, the head of the European Central Bank (ECB), has said the country is not facing a Japanese-style deflationary spiral despite recent data showing inflation is sliding.

David Jane, founder of Darwin Investment Managers, has named the five investment themes he is backing in his multi-asset fund to outperform this year.