Japan stocks buyout for certain funds betting on policy continuity – BNN
(Bloomberg) – Market watchers seem to express a near consensus that Prime Minister Shinzo Abe’s resignation will not immediately mean deviations in Japan’s economic agenda.
As stocks slumped amid rising volatility following the announcement of Abe’s exit on Friday, expectations of political continuity are leading some fund managers to say the country’s stocks are a buy. Currency watchers say…