Managers favour Japan in light of restructuring

Japan is likely to outperform the US in the long term, according to Nick Greenwood, fund manager of the Christows Accelerated Growth Portfolio. Greenwood currently has 9% of the fund exposed to Japan and says he may take it higher. He says: 'Over the longer term there are a whole range of Japanese companies that in the past have not been run for profit but for the benefit of the community, management and staff.' These companies now offer growth potential. He adds: 'The way companies are run has been changing with a new consensus for reform that has been built, which is why Koizumi was ...