The Nikkei 225 Index (NKY), Japan’s best-known stock benchmark, is 40% below its historic peak hit three decades ago, while its lesser-known sibling, the Nikkei 500 (NKY500), surged past its previous peak to a record high. Do you know of a single large fund that is overweight Japanese equities despite this being one of the best charts in the world? We don’t.
Originally Published on October 12, 2020
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