Marker Review
Asset Management One International Ltd.
International arm of leading Japanese asset management company Asset Management One Co., Ltd. with over $467bn AUM*.
Market Trends: In November, the Japanese stock market initially rose following the U.S. presidential election but declined due to concerns over President-elect Trump’s policies and tariff announcements, with Topix closing at 2,680.71 points. Sectors such as Banks and Retail Trade performed well, while Electric Power & Gas, and Pharmaceuticals lagged. Large-cap value stocks benefited from rising U.S. interest rates, and small-cap stocks showed notable growth from mid-month onward.
TSE's Reform Efforts: The Tokyo Stock Exchange (TSE) published a list of companies exemplifying good management practices regarding capital costs and share prices, highlighting that many companies are only taking superficial steps in compliance.
Full article: https://www.am-one-int.co.uk/our-firm/news-updates/241-japan-investment-commentary-and-market-outlook-november-2024
Written by?Kazuhiko Hosaka, Senior Product Specialist, Asset Management One Co., Ltd.