Tag Archives: Japanese equities

There are plenty of arguments for and against a Japanese equity market whose fortunes are tightly linked to the strength of the yen and the success of Abenomics.Since mid-December 2012, when Shinzo Abe came to power, to end-June 2018, the TOPIX increased by 12% in local currency terms on an annualised total return basis, a significant achievement that owes much to ‘Abenomics’. At the same time, the Bank of Japan (BoJ) has had a direct impact on equities through its commitment to buy 6...

Foreign outflows from Japanese equity markets are being more than offset by the BoJ’s purchases of ETFs.Japanese equities received net inflows in March. Nevertheless, foreigners were net sellers – with the highest monthly net foreign redemptions in the past 18 months. Thanks to the Bank of Japan’s (BoJ) purchases of Exchange Traded Funds (ETFs), there have still been net inflows into Japanese equities despite the strong foreign outflows.The BoJ is buying ETFs according to plan, currently...