Japan's stock market rally will continue in the second half, but with a key shift, BlackRock says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Investment Strategy Nouvelles

Markets,Ishares MSCI Japan ETF,Ishares Currency Hedged MSCI Japan ETF

The BlackRock Investment Institute sees Japanese stocks as one of the best bets in the second half of 2024.

The rally for Japanese stocks is set to continue in the second half of the year, but the best way for American investors to participate in it could change, according to the BlackRock Investment Institute. The firm said in its midyear outlook that being overweight on Japanese stocks is one of its highest conviction calls. Wei Li, the global chief investment strategist at the institute, said at a media event Tuesday that the firm thinks Japanese stocks can grow earnings faster than the 7.

mountain Currency-hedged Japanese funds like the HEWJ are outperforming their unhedged counterparts in 2024. Li said the currency impact has been "really inconvenient" for many investors but that there are reasons to believe the yen will stabilize in the upcoming year, especially with national elections looming in 2025.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Nomura survey finds over half of Japan’s investment managers plan to invest in cryptoThe survey showed that 54% of the respondents in Japan were interested in investing in crypto over the next three years.
La source: TheBlock__ - 🏆 464. / 53 Lire la suite »

Tech boom: BlackRock doubles down on AI and U.S. tech companiesTech boom: BlackRock doubles down on AI and U.S. tech companies
La source: Investingcom - 🏆 450. / 53 Lire la suite »