Positive views on Japan

Invesco Perpetual's Paul Chesson has called the start of a bull market run in Japanese equities. Against a backdrop of government and corporate restructuring, Japan is finally ready to break out of long-term recession, Chesson claimed. He said: 'The Japanese market is changing more rapidly than it is given credit for in the west and it is the germinating seed of a bull market.' Speaking at last week's Investment Week Market's Forum in London, Chesson said he believes the basis for improved sentiment on the outlook for Japanese lies in the widespread improvement of corporate profitabil...