Latecomers lose out as Nikkei's 18 percent rally surprises the unwary

Latecomers lose out as Nikkei's 18 percent rally surprises the unwary

From September 18, a 18% rally in Tokyo stock failed to invest in fewer global investors in Japanese shares, and it was too late on the big market that performed second quarter of the quarter. He said that the development of the market implemented by global stability, high corporate income and political stability and expanding financial policy can not be expected. Reuters interviewed 10 European and American asset managers interviewing from November to December, but some international long-term funds do not jump on bandwagon yet, because popular stocks are already the highest price.
"If you look around all over the world, there are still many investors who miss the time to buy, because such a rapid increase increased," said Japan Japan Toshshi Merimima, Chief Investment of Fidelity International. Is.".Through the sampling of GoldMan Management 44 Global Equity Funds, more and more American interventions show that its Japan exposure is lower than 4-7% lower in the end of September.
"Maybe perhaps they have bought some shares, but are not neutral," said Keti Masiai, vice president of Japan's Goldman Saxis (NYSE: GS) Vice President of Japan. "They were at least Japan, the market had more people depend on their homes - it is painful for those who have not bought the so-called 'Pain Trade' by the foreigners recently. . In 2015, the government's expansion promoted 'Abiomomax' policies initially after offering Japanese opportunities to invest in hunger and emerging markets and other markets like Europe for Japanese stocks. But in the recent months, the rise in global economy has improved significantly in improving the revenue of Japan's insurance success, while in October, the election success of Prime Minister Shenzhen Avi is expected to cement a few years of political stability and easy-to-use policy.
Japan stands as a quiet area. Political background looks like a lot of other alternative equity markets. So I think the investor will continue like Japanese market and you will continue to flow. "Investigator head investment officer. Portfolio manager at the French Asset Management firm Comgest said Japan can provide unique long-term opportunities for "patient bulls" because it is considered to be incorrect in the market due to complaints.
"Although Japan does not offer FANGs, it is offered hosting companies of high-tech engineering, such as robotics, sensors, goods handling or quality development in semiconductors." (Fangs have superstar stocks such as Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), Netflix (NASDAQ: NFLX) and Google (NASDAQ: GOOGL). But for a long time only stock marketers face a risk: they are positive on Japan's market overall, but often there are names such as cyclical fields like robotics and information technology are also very expensive.
Big Hat Robotics-related Parts Fanuc (T: 6954), Factory Automation Companies Keyence (T: 6861) and Misumi (T: 9962), Trade over all businesses of business at more than 30 prices, quality Nikki (N225) More than 15) Continuous purchase of the exchange of bank of Japan has also floated the floor under the stock market, supporting the prices of shares, but has deprived the active managers of opportunity to take down. As foreign investors have made an account for over two-thirds of trade on Tokyo stock exchange, their participation is seen as an important factor in their success. According to Dutch Asset Manager NN investment partners, investment officer Valentine's Van Neigenjage, says many foreign investors are now a tactical and chocolate game on the global economy rather than long-term terms on corporate Japan. Japanese shares right.
"They will say that Japan really has changed the corner and is already on a refrigeration route. If the next few years face this sentence, I think there is another recipe that Japan I can flow. Initially, "he said. Exotic and domestic bulls are looking for "patience" to buy opportunities, setting nicely, which is currently at age 26, at the age of 26.
Goldman Sock is expected to finish Nikki by 25,200 yen in 2018, adding 12% to current levels, while JPMorgan (NYSE: JPM) Nikki has expected 26,000 in 2018.