Optimistic fund managers in the managed sector should be looking to buy Japanese firms that are aggr...
Optimistic fund managers in the managed sector should be looking to buy Japanese firms that are aggressively restructuring, says David Mitchinson, manager of Asia Pacific at Framlington. 'The ideal opportunity would be a company that has restructured, is showing earnings growth, and is still undervalued,' he says. 'Realistically, this will probably push you towards the mid-cap area and more cyclical domestically-focused firms.' Mitchinson believes blue chips enduring pain to cut costs and change management structures, such as NEC and Nissan, will also become more attractive. Framlingt...
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