Japan attracts fresh interest – for good reason
Combination of macro factors and corporate reform place the Japanese equity market in a bright spot
IN 2012, the term “Abenomics” was coined in association with then-prime minister of Japan Shinzo Abe’s economic policy via “three arrows” – monetary easing, fiscal stimulus and structural reforms – designed to propel the economy from decades of stagnation.
Fast forward 10 years to the sequel. This year, Japan is attracting fresh attention from global investors, as the Nikkei 225 Index hit 32,000 this month for the first time in 33 years. Global investor flows have turned positive in 2023, with foreign inflows in excess of US$30 billion in Japanese equities.
And for good reason, too.
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