Most global investors remain unappreciative and under-allocated when it comes to Japanese stocks. But this risks missing out on the quiet but steady transformation that’s unfolding in Japan amid striking improvements in corporate earnings yields and capital returns.
Originally published in May 2023 by Fidelity International
Hopes of a soft landing have all but vanished. Andrew McCaffrey, Global CIO, Fidelity International, believes a recession is coming, but perhaps not for some time. For now, we oscillate between resilience and fragility.
On March 30, Portfolio Manager Patrice Quirion shared his global equities perspectives and discussed various regional outlooks and opportunities.
While the challenges that made markets volatile in 2022 are likely to persist in the new year, emerging markets are well positioned, given their economies’ underlying structural growth prospects and the lessons learnt from the past.
