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May 4, 2015

Why you may want to stay in Japanese funds

  • Deep changes in the economy and corporate culture are pushing fund managers to stick with Japanese stocks despite their history.
  • By STAN CHOE
    AP Business Writer

    NEW YORK — How much longer can the sun shine on Japan's stock market?

    The Tokyo Stock Exchange has been among the world's hottest for years and the Nikkei 225 index recently topped the 20,000 level for the first time since 2000. Usually when an investment is doing that well, euphoria ensues. But Japanese stocks have a long history of disappointing investors. The reputation is so strong that veteran managers say they're still encountering skepticism.


     
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