F&C's co-head of multi-manager Gary Potter - a self confessed bear on Japan for many years - said the country is turning around for the first time in two decades.
Earlier this month, the Bank of Japan unveiled plans to almost double its government bond buying programme over the next two years from ¥4trn to ¥7trn (£46bn) in a bid to stave off deflation and kick-start the stagnant economy. This followed an announcement from the new Japanese government, led by Shinzo Abe, in January that it has approved a fresh ¥10.3trn (£72bn) stimulus package in an attempt to spur a revival in its economy. The package includes infrastructure spending, as well as incentives for businesses to boost investment. The new government has said that reviving the country'...
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