I recently visited the Japanese prime minister’s (PM) offices and met with several senior decision makers to get a firsthand update on what lies ahead. The key takeaway for investors is that the structural bull case for Japan remains intact.
Japan has been among the world’s best performing equity markets thus far this year. WisdomTree has an extensive Japanese toolkit, with 10 distinct Indexes tracked by exchange-traded funds (ETFs).
WisdomTree conducts an annual screening to measure dividends paid in its developed international Index family. The annual rebalance provides a plethora of data about how dividends are changing across regions, sectors and companies.
There is wide debate regarding the effectiveness of Abenomics, but we think that focusing too much on the economic aspects of Abenomics may be missing the point: An equity investment in Japan is an investment in companies rather than economic growth.
WisdomTree has been managing Japan-specific ETFs for nearly 10 years. The key to success has been an ability to combine creativity to capitalize on Japan’s most salient investment themes with flexibility to enhance and expand the toolkit as conditions evolve.