An investment manager at the world’s largest publicly traded hedge fund, Man Group, is adding Japan’s financial shares to her portfolio on the view the nation’s central bank will need to hike interest rates to tame inflation.
The relative stability in the yen also provides room for the Bank of Japan to act, according to Emily Badger, a co-manager of the Man Japan CoreAlpha Fund, which has £2.45 billion ($3.3 billion) of assets and outperformed 93% of its peers over the past three years, according to data compiled by Bloomberg.
AloJapan.com