Shiozumi: Japan's bull run will last until end of the decade

Helped by new Abenomic reforms

Hideo Shiozumi, manager of Legg Mason's Japanese equity fund, believes Japan's bull run will continue for the remainder of this decade as Prime Minister Shinzo Abe launches further reforms.

Shiozumi (pictured), manager of the £670m Legg Mason IF Japan Equity fund, said the Japanese bull ran began in 2013 and could run for another three or four years. This is supported by Abenomics reforms which stimulate the economy and company valuations. Prime Minister Abe is expected to launch three new arrows for his reform agenda, which will consist of further economic stimulus, enhanced child support and increased social security. The five key areas affecting Japan's future prospects These have the ambitious targets of expanding the economy by 20%, addressing Japan's aging socie...