Japan showing signs of real change, says T Rowe’s Mallet
Investors should no longer see Japan as a value trap. Sebastien Mallet, who manages the T Rowe Price Global Value Equity fund explains why in Citywire Selector. Sebastien argues that improvements to Japan’s corporate governance now makes Japanese companies more attractive to investors. He continues to claim that while Abenomics has under delivered on headline growth and inflation promises, it has aroused some very interesting and compelling trends that are highly investible.