IT managers say Abenomics is on track
The wide-ranging programme to revitalise the Japanese economy and raise its growth rate in the long term, as well as provide short-term stimulus, dubbed Abenomics, is on track.
The wide-ranging programme to revitalise the Japanese economy and raise its growth rate in the long term, as well as provide short-term stimulus, dubbed Abenomics, is on track.
Japan cannot rely solely on its depreciating currency to continue to fuel its fledgling recovery, with more emphasis needed on long-term structural reform, according to Jupiter's Japanese equities manager.
Japan's quantitative easing programme is a "disaster in the making" while its central bank has let the "lunatics take over the asylum" with a 2% inflation target, according to GLG's Stephen Harker.
Chris Iggo, CIO, Fixed Income, AXA IM takes a look at the Japanese bond market, the impact of deflation and how the European market could, and maybe should, make moves to follow the far eastern example.
The economic stimuli unveiled by the Japanese government may be drawing in equity investors, but not everyone is keen to jump on the bandwagon before seeing if the policies actually work.
The Policy Board of the Bank of Japan may have had a very encouraging first meeting under its new Governor though, as Nathan Gibbs argues, it is ongoing structural reform and government policy that will drive any sustainable economic improvement.
Schroders is launching sterling-hedged unit classes on four European and Japanese funds in response to fears over currency volatility.
The Bank of Japan is under pressure to introduce more accommodating monetary policies, as it did for the three years to early 2006 when investors shifted to riskier asset classes. Sonoko Seo assesses whether history will repeat itself.