KEJI - Clouds Clearing In The Land Of The Rising Sun
2024-03-15 03:10:00 ET
Summary
- We expect real wage growth as inflation normalizes and wages catch up.
- Companies that do not develop a plan to improve capital efficiency and promote investment will be named and could be delisted.
- Japan hopes to turn the trillions of yen held in cash by households into equity investments.
- We’ve been increasing exposure to Japanese equities across our international equity portfolios over the past several months.
On the back of five recent trips to Japan, our global equity team has been increasing Japanese equity exposure across our international strategies over the past few quarters, narrowing the underweights we had for some time....
Clouds Clearing In The Land Of The Rising Sun