ATLANTIS Investment Management believes that the Japanese stock market will rise on the back of increased domestic investor confidence, despite the economy continuing to under perform this year.
It also believes that any adverse impact from the forthcoming elections, in which the ruling Liberal Democratic Party is predicted to do badly, will only be short term. Ed Merner, Adviser to the Altantis Japan Growth fund, commented: “If enough seats go to the opposition parties, Prime Minister Abe could very well come under strong pressure to step down and let someone else from his party take the reins. "Initially this could instigate a sell-off from investors but we believe this will only be a short term issue.” He added: “As positive economic signs continue to increase, confidence sho...
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