Man Group Shares Warren Buffett’s Renewed Optimism for Japanese Stocks
- Improving corporate governance to be main catalyst: Atherton
- Fund favors insurers, ‘unloved’ domestic stocks, he says
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Stocks in Japan are primed to outpace global peers this year as improving corporate-governance standards and the central bank’s potential policy normalization burnish the nation’s appeal for foreign funds, according to Man GLG.
Warren Buffett’s most recent endorsement of the market and the end of global rate hikes are also positive catalysts, according to Jeffrey Atherton, head of Japanese equities at UK-based Man GLG, a unit of hedge fund Man Group Plc.