BMO Global Asset Management’s Gary Potter revised his funds’ underweight US position to neutral after the election, but did not back down from his convictions on Japan and Asia despite Donald Trump’s trade rhetoric.
Kames Capital’s Global Equity Income fund has moved to an overweight position in Japan, with 10% of the fund now invested there versus the 8% benchmark.
Japan has reported third quarter annualised GDP growth of 2.2%.
Rathbones head of multi asset investment David Coombs has decided to keep his Japanese equities holdings steady rather than bank profit from the recent good run the asset class has had.
Edinburgh-based wealth managers Simon Lloyd of Murray Asset Management and Charlotte Square Investment Managers’ William Forsythe have very different ideas about investment prospects in the United Kingdom and European Union post-Brexit, but neither think it will rival the shock of the 2008/2009 financial crisis.
Consensus suggests it is a struggle to find value in equities, but despite political uncertainty in the UK, US and Europe, there are still plenty of opportunities globally
Underestimating long-term reform efforts are more likely to scupper growth prospects in Asia than the US election or the triggering of Article 50, says Sharat Shroff of Matthews Asia.
Japanese equities could be preferable to eurozone equities due to higher corporate profitability and greater political certainty, said NN Investment Partners.
With children now back at school and pubs starting to put up the Christmas decorations (I kid you not), the summer holidays already seem like a long time ago and the constant cries of ‘are we nearly there yet’ – only to have the little darlings fall asleep 20 minutes before you finally reach the…
The Brexit conversations rumble on. What is the impact on the UK? Or the rest of the EU? This debate has been raging pretty much non-stop since the referendum campaign started and it will remain a live issue until the terms of the UK’s exit have been thrashed out and agreed.
With other major equities classes all having their own significant question marks, could the long awaited ‘third arrow’ finally be about the make Japan the best place to invest?
Imagine a helicopter flying overhead, spilling thousand-dollar bills all over your backyard. That’s the visual that comes to mind when I read about “helicopter money”, a proposed alternative to quantitative easing (QE).
