Sat, May 28, 2016
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. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  4. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year

  5. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit