government, corporate and banking sectors are all working together. If a wobble leads to lower global growth, Japan has the most predictable growth of all developed economies.”
Gavin Haynes, investment director, Whitechurch Securities, says that while investors have seen the start of reforms coming through, they now want proof of strong, improving profits from Japanese companies. He says: “The significant weakening of the yen that started last year should have a positive impact on the profitability of companies and their global competitiveness. We like funds such as the Jupiter Japan Income fund, which invests in dividend yielding companies. For a hedged fund, we like the Neptune Japanese Opportunities fund, run by Chris Taylor, which should benefit if the yen weakens from here.”
