Drive towards profitability is leading Asian markets

Asian markets now offer better prospects than Japan in investment terms, according to fund managers Lombard Odier. Benoit Descortieux, head of Asian investments at Lombard Odier, said: "There are major differences between Asia and Japan. The latter's demographic problems are well-documented, and in our view the aging society there affects the potential for returns looking forward. A particular problem is the lack of consumer demand because of the overall age of the population." Another problem is a lack of leadership in Japan, which contrasts with the firm hand displayed at governmental...