Page three - Japanese equities to outperform
20170906 Cindy Japan
Last week, the Global Thematic and the Asian Equity Absolute Return Portfolios increased their weightings in Japan for what we think could be a multi-month period of outperformance. In last week’s Flagship report, Paul outlined a case for increased fiscal spending to cope with the Hurricane Harvey disaster which would lead to an increase in US yields and a rally in the USD. In our region, this implies an outperformance of Japan vs. Asia.