Managers turn cold on Japan
Article Abstract:
Fund managers are abandoning Japanese equities as they reduce weightings in Japan to as low as 1% of their international portfolio. The first half of 1996 showed promise as the country posted better-than-expected growth. However, the second half of 1996 saw the market deteriorate as Japan equity funds posted average negative return of 1.31% for the year. The weakness of the market has been attributed to the lack of confidence about the sustainability of Japan's economic recovery.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Managers see retreat for U.S. stocks: bonds to fare better
Article Abstract:
The Asian Wall Street Journal Asset Allocation Panel recommends fixed-income investments rather than equity investments. This is due to continued high trading at the US market, which may prompt a Wall Street correction, leading to sell-offs in other markets worldwide. High-quality bonds are highly recommended, particularly US Treasury bonds. The Eastern European market is preferable than Asian markets due to the former's offer of better value.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Is it time to reassess holdings in U.S. financial markets?
Article Abstract:
Asian money managers are once more worried about a possible rise in US interest rates because of indications that consumers are about to spend more which will prompt monetary authorities to raise interest rates to dampen possible inflationary pressures. Some money investment advisors, as a consequence, are suggesting that investors choose bonds instead of equities.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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