As we all know, Singaporeans love Japan.
With borders being open again, it’s almost as if half of Singapore was in Japan over Christmas.
We love to eat Japanese food and have a dip in an onsen.
Given how much we like everything Japanese, why not invest in Japanese stocks?
Japanese stocks have hit an incredible 33-year high in 2023.
In fact, the TOPIX is up 25% in 2023 alone.
This has not gone unnoticed, and investors worldwide are taking an interest in Japanese equities.
Why Invest in Japan?
As the fourth largest economy in the world (by nominal GDP), and a staunch US ally, Japan is well placed to benefit from geopolitical tensions.
Source: International Monetary Fund as of Jan 2024
At the same time, the current weak Yen has made Japanese exports very attractive.
This has been a huge boon for Japanese companies, with a 25.1% rally in the Japan TOPIX in 2023.
By contrast, the Straits Times Index only returned 8.8%....
