Should You Simply Steer Clear Of Japan?Robert Neff
Rarely do opinions about investment opportunities diverge more sharply than about Japan's stock market prospects for 1995. Bessemer Trust Co., which manages $1.5 billion, is 0% invested in Japan, and Managing Director John Trott declares he will mostly steer clear of the country until after the millennium. Meanwhile, Charles I. Clough Jr., chief investment strategist at Merrill Lynch & Co., is overweighting Japan in his model global portfolio. Some fund managers are too insecure even to venture an opinion. "There's a huge debate going on," observes Kathy M. Matsui, chief strategist at Goldman Sachs (Japan) Corp.
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