WisdomTree Japan Hedged Equity
From WisdomTree: Japan is not a value trap. Against a backdrop of very attractive equity valuations–at 13.7x, the TOPIXprice-to-earnings (P/E) multiple has dropped back to the lowest 5% level reported over the past decade –the trigger for upside performance must come from positive earnings surprises.
From WisdomTree: One of the markets caught up in global trade fears that continues to perplex investors is Japan. The Japanese markets are trading near their lowest valuation levels in the last 30 years, supported by increased profitability, better returns on capital and improving profit margins.
From WisdomTree: On Thursday, Japanese prime minister Shinzo Abe was re-elected as the ruling Liberal Democratic Party (LDP) leader, winning by a very solid 70-30 margin against his one internal competitor. Abe thus has a very strong internal party mandate and will continue to be Japan’s prime minister for another three years. This bodes well […]
From WisdomTree: WisdomTree has worked with Record Currency Management (Record) to use its currency research and currency signals to help support dynamically hedging currency exposures within international equity strategies.
From WisdomTree: Japan’s GDP report was a nice, positive surprise. Real GDP accelerated 1.9% in the April-June quarter, which was about half a percent better than consensus expectations.
From WisdomTree: Since WisdomTree’s inception in 2006, Japan has been one of our areas of focus. Two of our original 20 fund launches were Japan exchange-traded funds (ETFs), and we were the first company to offer currency hedging in Japan in an ETF wrapper.
From WisdomTree: The Bank of Japan (BOJ) de-facto eased policy at this week’s board meeting. They introduced “forward guidance” on top of their long-standing policy of QQE–quantitative and qualitative easing.
From Zacks: As the trade war gets some relief with both United States and China willing to discuss and negotiate further, Asian stocks got a positive stimulus and have rallied on Jul 12.
From WisdomTree: The latest Bank of Japan (BOJ) Tankan survey confirms five fundamental trends in corporate Japan.
From WisdomTree: So, it has happened. As of this writing, the U.S. 10-Year Treasury note has seen its yield break through the much-discussed 3.05% resistance level–something we haven’t seen since 2011.
From WisdomTree: In Japan, the stage is now set for an upturn in earnings revision momentum.
From WisdomTree: Japan’s gross domestic product (GDP) dropped at an annualized rate of .6% in the first quarter, January through March. After eight consecutive quarters with positive growth, some cyclical payback was inevitable.
From WisdomTree: It is widely known that Japanese equities tend to have an inverse relationship to the performance of the yen.
From WisdomTree: Now that the new fiscal year has started in Japan, what do Japanese investors and asset allocators think about the major issues facing domestic and global markets?
From WisdomTree: This week will bring the first Bank of Japan (BOJ) policy board meeting with the newly appointed deputy governors. In our view, it won’t be “business as usual.”