The investment trusts banking on corporate reform in Japan

Matthew Read, senior analyst at QuotedData, analyses how two different trusts invested in Japan are benefiting - or not - from the country's internationalisation and Shinzo Abe's three arrows reform agenda.

As Japan enters another recession, more fears surface about whether Abenomics is really working, with the country yet to show it has succeeded in creating inflation and sustainable GDP growth. This December marks the third year of prime Minister Shinzo Abe's (pictured) three arrows plan to rescue the world's third largest economy from stagnation. While the government has increased its spending, the Bank of Japan has used quantitative easing to drive down borrowing costs to businesses and households. Private consumption has increased on the back of a rise in real labour income, but ...