Japanese retail investors finally appear to be buying into the domestic stock story nearly a year after Shinzo Abe's government began trying to jump start the economy.
Retail investors pumped $14 billion into local stock markets in January, the highest monthly amount in three decades, Goldman Sachs chief Japan strategist Kathy Matsui said Wednesday, citing Tokyo Stock Exchange data.
It’s a phenomenal amount in such a short period to put it in perspective, Nikko Asset Management estimated in November that the Japanese retail community invested a total of $25 billion in local equity mutual funds in the six months from April to end-September.
...
¬ Haymarket Media Limited. All rights reserved.
