In a recent survey of fund managers, a quarter said Japan is the most undervalued region in the world.At the start of this month, the Nikkei 225 was still more than 67 per cent off its high and I forecast that it will rise by 20 per cent or more over the next year. I believe that fast growing small and medium-sized companies relying more on the domestic market than the export market will be the most profitable investments. The fund I like best is M&G Japan smaller companies, which is one of only three Japanese unit trusts to make a profit for investors over five years to August 1, when it was up by 33 per cent. The fund manager is Kenichi Ura, who has an outstanding record. His success is a result of his ability to identify growth themes and pick stocks. He aims to invest in companies which have innovative products, a big market share and natural barriers to entry. I predict this fund will be the top performer across all sectors over the next year. It will certainly be well up compared with funds in most other sectors.
As many column inches have been written about sickness absence in UK businesses as solutions have been offered to the problem. As many companies offer bonuses for good attendance as deduct pay for the first few days of absence.
Assureweb has appointed ex- Woolwich managing director John Little as non-executive chairman.
Safety Plus Growth Issue 23
I was pleased to see that my letter, Trusts are the perfect solution, generated such interesting debate on the Money Marketing Letters to the Editor page. A Letter to the Editor obviously cannot cover the many intricate complexities of inheritance tax planning. However, I felt that it was worth responding to the letters from Julian […]
The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.
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