Yasuhito Doi From Komfie Manalo, Opalesque Asia:
The continued depreciation of the Japanese yen and the impact of international investors buying Japanese equity will contribute to the upward trend of the equity market, said Yasuhito Doi, a hedge fund manager working for Japan-focused fund management firm ASTMAX Asset Management.
Speaking during the latest 2013 Opalesque Japan Roundtable, Doi said, "I think that the Japanese equity market will continue to go up for a while. I can't say how long, but intuitively I think that a continued depreciation of the Japanese Yen will contribute to the upward trend of the equity
market, together with the impact of international investors buying Japanese equity, as Koshiba [Masahiro] san already mentioned."
The 2013 Opalesque Japan Roundtable was sponsored by Eurex and Taussig Capital and took place on April 24th in Tokyo.
Doi was referring to an earlier statement given by Koshiba of hedge fund incubation firm United Managers Japan who pointed out that the so-called "Abenomics" introduced by Prime Minister Shinzo Abe saw big money flows entering into Japan.
Koshiba said, "One of t......................
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