Japanese pensions funds' increasing allocation to equities will boost valuations

Equity markets worldwide keep nudging record highs despite political anxieties - nuclear explosions in North Korea, Brexit implosions in Europe and Trump outbursts in the US.

The challenge is finding value and this is where Japan looks interesting. Significant changes are creating good stockpicking opportunities for patient longer-term investors. Many will already be familiar with changes in corporate governance taking place in Japan. Companies with a high percentage of their market cap in cash are coming round to the idea of distributing more of this to shareholders.    Kames' Peden boosts Japan exposure on global income fund Less well known, perhaps, is that Japanese institutional investors are moving into equities as they begin to tire of the low yi...