A cette occasion, Joël Le Saux commentera les changements fondamentaux qui ont récemment été opérés au Japon et qui expliquent le fort regain d’intérêt sur cette classe d’actifs :
· Une croissance réelle importante depuis 5 ans
· Une politique monétaire accommodante
· Un retour de l’inflation
· Des « earnings » toujours supérieurs aux attentes
Joël Le Saux présentera également son approche qui consiste à combiner des titres Japonais peu sensibles aux cycles économiques et à la valorisation du Yen avec des titres plus sensibles à l’économie mondiale.
Il partagera enfin sa vue du marché japonais et les défis auxquels il est confronté qui sont autant de sources d’ opportunités. Il conclura sa présentation par un point sur la performance du fonds.
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