Many events helped paint a very volatile year for Japan's stockmarket in 2016, which finished the year up less than 1% from where it started.
The beginning of the year saw the introduction of negative interest rates by the BoJ and a strengthening yen. Brexit forced domestic markets to their lowest point in June and markets subsequently turned a corner and started to rally, together with a depreciating yen, into the New Year, propelled by the US elections. Ruffer duo: The 'magical combination' that will boost Japan Japan remains interesting going into 2017. The largest divergence with other developed markets is the political stability that the current government is enjoying, which is crucial for investment. Broad sup...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes