topix-to-hit-1800-says-aig-manager

Topix to hit 1,800, says AIG manager

The spring sell-off have created a new buy opportunity in Japanese equities, says Hiroshi Motoki.
Hiroshi Motoki is managing director and CIO at AIG Global Investment Group in Tokyo where he serves as head of the equity and fixed-income department. He joined the firm last year from AllianceBernstein. During a recent visit to Hong Kong, he says that Japanese equities are now a buy opportunity.

How sustainable is the æbuy JapanÆ story
Hiroshi Motoki Japanese equities were an unattractive market for a long time, falling 80% from the 1989 peak. Rebounds were simply opportunities to sell. In the minds of investors, Japan is a market to avoid. And sure enough, last year the market rebounded since 2003 with the Nikkei rising from 8,000 to 17,500, only to correct again....
¬ Haymarket Media Limited. All rights reserved.

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