Tue, Mar 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Japanese stockmarket reaches new highs

Wednesday, March 27, 2013

Beverly Chandler, Opalesque London: The latest surge from the Japanese stockmarket reveals its sixth consecutive month of gains in February, with a 3.8% return over the month. Masashi Oda, Chief Investment Officer, SuMi TRUST commented: "A key positive driver was the nomination of Mr Haruhiko Kuroda, currently the President of the Asian Development Bank and former Vice Minister of Finance for International Affairs, to be the next Governor of the Bank of Japan. This followed the decision in the early part of the month of the present Governor, Mr Masaaki Shirakawa, to step down before the scheduled end of his five-year term. Prime Minister Abe has called on the BOJ to ease policy and boost stimulus measures to revive the economy. Mr Kuroda is seen as a strong supporter of such measures, having advocated that the BOJ should adopt an inflation target and pursue a policy of aggressive monetary easing in order to attempt to reverse many years of deflation."

Oda also believes that another key positive driver, which has been seen by investors as further evidence of Prime Minister Abe’s strong commitment to boosting economic growth, stems from his meeting with President Obama at which an agreement was reached on talks which could set the stage for Japan to join negotiations on the Trans-Pacific Partnership, a U.S.-led regional free trade agreement. Abe had undertaken to consider joining the pact only if no prior commitment to eliminate all tariffs was required, and now that the o......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner