After strong performance from New Japan companies in 1999, the Japanese Index is now going through m...
After strong performance from New Japan companies in 1999, the Japanese Index is now going through more difficult times as market leadership moves from the New to the Old Economy. James Pulsford, fund manager at Deutsche Asset Management, runs the Japan Capital Growth, a $50m offshore fund that aims to outperform the TSE First Section Index. He says he is "cautiously optimistic" on the Japanese market. "We are encouraged by a clear trend that has been developing in the past couple years pointing to a noticeable change in the attitudes of Japanese corporate management," he says. "Many co...
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