Forget what you’ve heard about Japan
By International Adviser, 28 Aug 18
It’s not just another false dawn in the land of the rising sun, argues Rathbones’ Ed Smith
Click through the slides below to find out why
Imagine a country with densely populated cities, but the fastest trains on Earth and average delays of only 18 seconds?
Hardly conceivable, if you travel by train in the UK, admits Ed Smith, head of asset allocation research at Rathbones.
What if we told you it also has one of the most rapidly improving free-market capitalist economies and it’s increasingly shareholder friendly? On top of all of that, its stock market looks cheap? You’d probably say we were dreaming.
But this is no figment of our imagination — it’s Japan.