Six top Japanese stocks for 2014

JAPAN

Simon Edelsten, manager of the Artemis Global Select fund, reveals the overlooked stocks which could prove to be a hit this year in Japan.

The Japanese equity market ended 2013 as the world’s best performing market. This was justified given the fundamental improvements seen. The market has retreated a little recently, concerned about slowing emerging market demand and an imminent increase in local sales taxes. While these factors may produce some short-term headwinds in certain stocks, the longer term opportunity remains. Over the 18 months since Shinzo Abe won a landslide election victory, the yen has fallen by a third. This has made many world leading Japanese businesses highly competitive, especially against European ...