Now May Be Time for Foreigners to Buy Japan Stocks, Goldman Says
- Foreign funds turned net sellers of Japan equities this year
- Sector allocation shift shows fading Trump-trade expectations
Goldman Sees Reasons to Return to Japanese Stocks
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Now could be the time for foreign investors to return to Japanese equities, according to Goldman Sachs.
Corporate governance reforms, a recovery in domestic demand and the strong performance of local stocks in U.S. dollar terms are all potential catalysts that may lure foreigners back after they sold net 1.1 trillion yen ($10 billion) of Japanese equities last quarter, strategists including Kathy Matsui wrote in a report on foreign investor positioning in the market.