Labour market growth a boost for equities - Nathan Gibbs's Japan view

Architas advent calendar – 18 December

clock • 1 min read

The outlook for Japan has become more complicated following the US election but better labour market data and growth in industrial production means the outlook is generally positive, says Schroders client portfolio manager for Japanese equities Nathan Gibbs.

Speaking in the above video, which continues Professional Adviser's Architas Advent Calendar counting down to Christmas, Gibbs discusses the current "good environment" for the Japanese market, adding that the weaker yen has helped the country's exporters and also assisted the Bank of Japan in its fight against deflation.

Gibbs says: "The external environment is actually quite supportive at the moment and we also see good things happening in the domestic economy. This is all helping to support the equity market. We expect corporate profits to grow over the next couple of years - particularly the smaller and mid-cap companies that are exposed to the domestic economy.

"We have to admit there are some uncertainties as we're not entirely sure what the policies will be from the new US administration. But, leaving that to one side, our outlook is positive going into the new year."

Partner insight advertorial. For adviser use only.

In-depth

Your Autumn Budget briefing: Tax and pensions changes Labour could have in store

Your Autumn Budget briefing: Tax and pensions changes Labour could have in store

Budget comes as prime minister says country 'embrace the harsh light of fiscal reality'

Jen Frost
clock 29 October 2024 • 22 min read
In view: Plotting PFS change

In view: Plotting PFS change

From first operating loss since 2008 to sponsorship, board and revenue changes

Jen Frost
clock 17 October 2024 • 6 min read
Inside look: Fintel's ambitious 'Bloomberg of retail' plans

Inside look: Fintel's ambitious 'Bloomberg of retail' plans

Integration in focus as group pushes pause on deals

Sahar Nazir
clock 30 September 2024 • 6 min read