As the Nikkei Stock Average rose last week to its highest level since 1990, Japan equity watchers found themselves in an unusual position. After three lost decades, the whole world was watching them.
Miyuki Kashima, head of Japanese investments at Fidelity International, noted the shifting circumstances as she welcomed reporters to an online briefing Thursday — the first the fund manager has devoted solely to Japanese equities in years, according to a spokesperson.
Fidelity Japan Trust PLC (LON:FJV) aims to be the key investment of choice for those seeking Japanese companies exposure. The Trust has a ‘growth at reasonable price’ (GARP) investment style and approach – which involves identifying companies whose growth prospects are being under-appreciated or are not fully recognised by other investors.
