Standard Life believes the announcement of radical banking sector restructuring policies in Japan ma...
Standard Life believes the announcement of radical banking sector restructuring policies in Japan may be laying the groundwork for a sustainable improvement in the Japanese equity market. Now is not the time to be bullish on Japanese equities however, the group said, and even if the policies bear fruit, it could be years before the markets, made pessimistic by years of failed government policy, actually respond. Andrew Milligan, head of global strategy at Standard Life Investments, said: 'Since the Japanese equity market bubble burst in the early 1990s, deflation has been protracted, ...
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