Jpmorgan Japanese Invest... Share Discussion Threads

[nod] 23/2/2015 02:15

Asian stocks rose Friday, with Japan's benchmark index extending gains to a new 15-year high on prospects for better earnings. Many markets closed for the Lunar New Year holiday.The Nikkei Stock Average rose 0.4% to 18332.30, the highest level since May 2000. In recent months, Japanese stocks have risen steadily as investors have taken a renewed interest in companies that have shifted their focus back to growth and efficiency.

[nod] 04/2/2015 04:05

Sp is 16% below NAV

[nod] 01/2/2015 10:11

Japan appears to have benefitted from the turmoil in Europe and if course from continued low oil prices. It's funny how economists now suggest that lower oil prices may contribute to deflation around the globe. We will have to wait and see on that but Japanese investors seem more confident for a change.

[nod] 02/4/2014 21:14

Over the past three months the performance of JFJ has been well below the Nikkei. Perhaps this is partly down to the premium being lowered on the JFJ fund.I don't have a feel for the state of the Japan economy over the next 12 months. Consumer confidence and spending in the West has been improving but how much are Japanese companies benefiting from this?

[tokyo sexwhale] 02/3/2014 12:53

Views on where we go from here? Resumption of the uptrend ?

[nod] 06/2/2014 17:40

The Nikkei has taken a pasting the past two weeks to hit a 4-month low. JFJ similarly down.

[nod] 13/1/2014 10:55

New highs.

[nod] 28/12/2013 21:32

The definition of hedging is an investment taken out to limit the risk of another investment. Hedging isn't free. It is a pairs trade - you win on one side and lose on the other. I'm sure JP Morgan understands the tool and had good reason not to utilise it.I've not always been happy with JFJ's performance versus the sector but this year I can't complain.

[a0148009] 28/12/2013 10:32

nod - of course you have done very well with this stellar rise all I am saying is that some funds have discretion to hedge the currency, JFJ does not, hindsight
has nothing to do with it. They have also improved the performance utilising maximum permitted gearing if you read the annual report.

AO

[nod] 28/12/2013 09:15

There are other ways to bet on currency movements than investment funds. JFJ has gone up 45% in the past 12 months while the currency depreciation of the Yen against Sterling has been 25%. Could JFJ have placed bets that would have given the fund a better annual return? Probably. Hindsight is a wonderful investment tool.

I'm happy with 45%
:)

[a0148009] 23/12/2013 13:52

Trouble is they do not hedge the currency consequently the fund has not enjoyed the full stellar performance of Nikkei with 30% or more depreciation of Yen against sterling, better off in a fund which hedges currency unless you think the yen is going to firm up.

AO

[nod] 23/10/2013 00:01

I think we'll see new highs a few times over the next two months.

[nod] 27/9/2013 11:35

Five Rings for Japan in 2020As Forbes called it - the World's most valuable presentation to win the Olympics.It's difficult to contemplate selling JFJ now with the next 6 years to look forward to.

[nod] 20/9/2013 11:46

A very good climb over the past month to get back close to 5-year highs.

[nod] 21/7/2013 02:03

Recovered nicely over the past month and has outperformed the benchmark. Results show notable outperformance over one and three years. Suggests some good stock picking going on.

[nod] 27/5/2013 09:35

Sorry .... I forgot to do the "touch wood" bit :(

[topvest] 23/5/2013 20:59

Not today!

[nod] 22/5/2013 12:59

Japan markets still going onwards and upwards. New five year highs here. Bullish sentiment towards Japan more than compensating for the lower yen. Long may it last.

[nod] 10/5/2013 10:24

The falling Yen boosts sentiment in Japanese exports but reduces the value of our assets when converted to pounds or dollars. So long as the share prices are going up to compensate its not a problem. However, it is also having a reaction on Japanese competitors such as South Korea. While the benefits start off as quite straightforward for UK Japan funds after six months things start to get a lot more complex as the exchange rates take effect one way or another."The yen slid to 101 per dollar for the first time in four years, extending declines spurred by the Bank of Japan's stimulus measures to fight deflation. BOJ's aggressive monetary easing has a big impact on South Korea, Bank of Korea Governor Kim Choong Soo said at a briefing yesterday after the central bank unexpectedly cut its benchmark seven-day repurchase rate by a quarter percentage point to 2.5 percent."

[nod] 08/5/2013 00:09

Onwards and upwards. We've had a 42% rise in the past six months.

[nod] 12/4/2013 09:01

Well done topvest, good timing.

[topvest] 11/4/2013 21:03

Blimey - doing really well this one - buying at 156p in November, looking pretty good!

[nod] 11/4/2013 20:58

I see their top 3 investments are financial companies.

[zcaprd7] 11/4/2013 20:05

Yes, nearly a 50% gain from the lows