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Japanese stocks ‘fairly’ undervalued

By on January 23, 2009 in Earnings, Hedge Funds, JGBs, M&A, Monetary policy, Mutual Funds, Sentiment, Shareholder Value, Valuation, Yen

The author’s intent is not to be misleading, but rather to be as frank as possible, regarding the longstanding debate of whether or not Japanese stocks are truly undervalued. In short, the answer is  no. I no longer believe Japanese stocks are undervalued, not to the extent that I once did, and not to the [...]

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Thoughts on the N225, EAFE and EWJ

By on May 7, 2008 in Market Summary, Mutual Funds, Sentiment

Thoughts on the Nikkei 225 Stock Average: Japanese stocks have been rallying over the past several weeks and the benchmark Nikkei 225 Stock Average is now at a 2-month-plus high; the N225 recouped 14,000 last Friday in spite of thin trading of late, due to the extended holiday that continues through this Tuesday. Short-term, sentiment [...]

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Ranking of Japanese Mutual Funds by Assets in the U.S. – Oct. 2007

By on December 1, 2007 in Mutual Funds

Since posting the monthly ranking of Japanese Mutual Funds in the U.S. (by net assets) for September, the latest data as of month-end October, show the top-2 funds, both from Fidelity, registered growth in net assets, especially the Fidelity Japan fund (FJPNX; +$30M, to $1.78B). However, the T. Rowe Price Japan fund (PRJPX) saw another [...]

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Similarity Across Top-10 Holdings of Largest Japanese Mutual Funds in U.S.

By on October 11, 2007 in Mutual Funds

This post probably about does it for now in terms of looking at the Japanese mutual fund universe in the U.S. For reference, also see:Cash Inflows/Outflows in Sept. for Largest Japanese Mutual Funds in U.S. and Ranking of Japanese Mutual Funds in the U.S.. Among the 8-largest funds reviewed in each of the two prior [...]

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Cash Inflows/Outflows in Sept. for Largest Japanese Mutual Funds in U.S.

By on October 11, 2007 in Mutual Funds

Yahoo! Finance has updated the net assets for mutual funds, reflecting amounts as of the end of September. Yesterday, the list and ranking of Japanese mutual funds in the U.S. had data as of the end of August. Changes for the 8-largest funds are listed below with the new net asset value and % change [...]

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Ranking of Japanese Mutual Funds in the U.S.

By on October 10, 2007 in Mutual Funds

It shouldn’t come as a surprise that Japanese mutual funds listed in the U.S. are struggling, given the mostly weak performance of Japanese equities year-to-date and a weak yen. There are 44 Japanese mutual funds according to Yahoo! Finance. Among them, only a few are trading positive for the year and by a very little [...]

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